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Quality Business Systems uses a perpetual inventory system. The adjusted trial balance of Quality Business Systems at March 31, 2018, follows: ?(Click the icon to
Quality Business Systems uses a perpetual inventory system. The adjusted trial balance of Quality Business Systems at March 31, 2018, follows: ?(Click the icon to view the adjusted trial balance.) Prepare Quality's multi-step income statement for the year ended March 31, 2018. (Use a minus sign or parentheses to show other expenses.) Quality Business Systems Income Statement Year Ended March 31, 2018 Gross Profit Net Sales Revenue Operating Expenses: Operating Income Other Income and (Expenses): Revenues Total Operating Expenses Total Other Income and (Expenses) Net Income (Loss)
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