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Problem 2 -- Place the following information into a Multistep Income Statement Use Dollar Signs and double underlines where needed I have made a 3
Problem 2 -- Place the following information into a Multistep Income Statement Use Dollar Signs and double underlines where needed I have made a 3 column format for you and started with Sales Sales Interest Revenue Sales Salaries Exp Selling Utlities and Rent Exp Selling Misc. Exp Store Equipment Depreciation Administrative Salaries Exp Administrative Utilites & Rent Exp Administrative Misc. Exp Office Equipment Deprecation Interest Expense COMS 35,000 2,000 5,000 3,000 1,000 200 6,000 2,000 1,000 300 1,000 10,000 Smith Company Income Statement For the Year Ended December 31, 20XX
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