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Not yet answered Points out of 10.00 D Flag question Prepare a Multiple Step Income Statement in Proper Format. You may use the template below

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Not yet answered Points out of 10.00 D Flag question Prepare a Multiple Step Income Statement in Proper Format. You may use the template below or attach an excel file. The Adjusted Trial Balance of Trent Company shows the following Income Statement accounts: DEBIT CREDIT Sales 520,000 Sales Returns & Allowances 20,000 Sales Discounts 7,000 Cost of Goods Sold 347,000 Freight-out 2,000 Advertising Expense 15,000 Interest Expense 19,000 Store Salaries Expense 45,000 Utilities Expense 18,000 Depreciation Expense 7,000 Interest Revenue 25,000

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