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Prepare a multi-step income statement for Surry Co from the following data year ended December 31, 2016. Sales, $915,000 cost of merchandise sold $670,000 administrative
Prepare a multi-step income statement for Surry Co from the following data year ended December 31, 2016. Sales, $915,000 cost of merchandise sold $670,000 administrative expenses $30,000 interest expense $12,000 rent revenue $19,000 sales return and allowances $55,000 selling expenses $120,000
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