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Question 3 (20 marks) Below year-end on December 31, 2010. is a partial listing of the adjusted account balances of the Hydell Department Store at

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Question 3 (20 marks) Below year-end on December 31, 2010. is a partial listing of the adjusted account balances of the Hydell Department Store at $ 18,000 255,000 35,000 2,000 10,000 32,000 44,000 17,000 360,000 15,000 700 Accounts Receivable ing Expenses (includes depreciation) Interest Expense preciation Building Sales Discounts Merchandise Inventory Administrative Expenses (includes depreciation) Sales Accounts Payable Interest Revenue Instructions Using whatever data you believe appropriate, prepare a multiple-step income statement for the Hydell Department Store for the year ended December 31, 2010. Hyderl Defortment store in come stoteme nt Sales revenue 360, 000

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