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Save the Earth Co. reports the following income statement accounts for the year ended December 31. Sales discounts Office salaries expense Rent expense-Office space Advertising
Save the Earth Co. reports the following income statement accounts for the year ended December 31. Sales discounts Office salaries expense Rent expense-Office space Advertising expense Sales returns and allowances Office supplies expense Cost of goods sold Sales Insurance expense Sales staff salaries $ 940 3,900 3,400 880 440 880 12,800 58,000 2,900 4,400 Required: Prepare a multiple-step income statement for the year ended December 31. TITEITERTRETETES Save-the-Earth Co. Income Statement For Year Ended December 31 OOO Expenses Selling expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total expenses
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