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Question 2 Prepare an Income Statement similar to the one demonstrated in chapter 2 reading All accounts listed may NOT be used in the calculation
Question 2 Prepare an Income Statement similar to the one demonstrated in chapter 2 reading All accounts listed may NOT be used in the calculation of this problem. 20 points Revenue Cash Accounts Receivable Salary Expense Salaries Payable Payroll Taxes Employee Benefits Accumulated depreciation Depreciation Expense Insurance Expense Supply Inventory $980,000.00 $315,000.00 $534,000.00 $125,000.00 $143,000.00 $114,000.00 $117,000.00 $238,000.00 $190,000.00 $101,000.00 $321,000.00
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