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Smith Company had the following account balances for the current year. Prepare a multiple-step income statement 29,500 56,200 12,400 9,300 24,900 99,000 2,500 4,700 9,200

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Smith Company had the following account balances for the current year. Prepare a multiple-step income statement 29,500 56,200 12,400 9,300 24,900 99,000 2,500 4,700 9,200 Accounts Receivable Cost of Goods Sold Ceneral and Administrative Expeses Prepaid Insarance Sales Discousts Sales Returs and All Selling Expernes Smith Company Income Statement For Year Ended, December 31 Choose one Net Sales s 0 Choose onel Geoss Prot Operating Expenses: (Choose one 2 5

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