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only one table with one spot for numbers. not multiple sides so no difference between credits and debits 3 The following is a listing of
only one table with one spot for numbers. not multiple sides so no difference between credits and debits
3 The following is a listing of all of the income statement accounts for Mulberry Street Sportsweat as they appear on the adjusted trial balance as of December 31 8003140 Advertising Expense Cost of Goods Sold Delivery Expense Insurance Expense Tacone Tax Expense Rent Expense Interest Expense Sales Revenge Sales Discounts Sales Returns Allowances 312,000 89,000 6.00 1.000 2,000 12,000 5,000 160.000 11,000 19.000 Required: a. Prepare a multistep income statement b. Compute the gross profit percentage Complete this question by entering your answers in the tabs below. Required A Required B Prepare a multistep income statement. Mulberry Street Sportswear Income Statement For the Year Ended December 31 Net Sales Sales Revenue Interest Expense $ 130,000 160,000 5,000 Required A Required B > Step by Step Solution
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