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Prepare a single-step statement of income. Revenues $ $ $ The following selected accounts from Pharoah Corporation's general ledger are presented below for the year
Prepare a single-step statement of income. Revenues \$ $ $ The following selected accounts from Pharoah Corporation's general ledger are presented below for the year ended December 31, 2024: FreightoutIncometaxexpenseInsuranceexpenseInterestexpenseInterestincomeInventoryPrepaidexpensesRefundliabilityRentincomeRetainedearningsSalariesexpense22,50063,00020,70055,80027,00087,30027,90017,10021,600481,500634,500
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