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Rearrange the following accounts as you would see them on an income statement from top to bottom: Sales Discount; Sales Returns and Allowances; Operating Expenses;

Rearrange the following accounts as you would see them on an income statement from top to bottom:
Sales Discount; Sales Returns and Allowances; Operating Expenses; Sales; Cost of Goods Sold; Gross Profit; Net Sales; Net Income or Loss.

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