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Prepare a multiple-step income statement that includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. The company

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Prepare a multiple-step income statement that includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. The company categorizes the following accounts as selling expenses: Sales Salaries Expense, Depreciation Expense-Store Equipment, and Advertising Expense. It categorizes the remaining expenses as general and administrotive

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