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On March 31, 2099, the balances of the accounts appearing in the ledger of Royal Furnishings Company, a tuture store, are as follows: Accounts Receivable

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On March 31, 2099, the balances of the accounts appearing in the ledger of Royal Furnishings Company, a tuture store, are as follows: Accounts Receivable $160,300 Accumulated Depreciation Building 752,300 Administrative Expenses 540 650 Building 2.553.560 Cash 184,650 Common Stock 288,000 Cost of Goods Sold 3,899,650 Dividends 185,800 Interest Expense 10,150 100 10, 150 1,005,960 255.300 Interest Expense Inventory Notes Payable Office Supplies Retamed Eags Sales Payable Sales Selling Expenses Store Supplies 20,400 1,304,450 7.000 3.477,150 604.100 92.400 A Prepare a multiple step income statement for the fiscal year ended March 31, 2049 Be sure to complete the statement heading Refer to the information given the exercise and to rest of Label and Amount Descriptions provided for the exact wording of the answer choices for ind Atomatical annars tid. For those in which wieder november A. Prepare a multiple-step income statement for the fiscal year ended March 31, 2019. Be sure to complete the statement heading Refer to the information given in the exercise and to the list of Labels and Amount Descriptions provided for the exact wording of the answer choice for tout entries. A colon () will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign B What is a major advantage of the multiple step income statement over the single-step income statement

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