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Problem 2: Listed below in scrambled order are 11 income statement categories. Use the numerals 1 through 11 to indicate the order in which these
Problem 2: Listed below in scrambled order are 11 income statement categories. Use the numerals 1 through 11 to indicate the order in which these categories should appear on a multiple-step income statement. c ) Discontinued operations. C ) Cost of goods sold. ( ) Other revenues and gains. ( ) Net income. () Income taxes. () Sales revenue. ( ) Gross profit on sales. () Income from operations. () Income from continuing operations before income taxes. () Operating expenses. ) Income from continuing operations
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