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solve part c The following selected accounts from Kal Corporation's general ledger are presented below for the year ended December 31, 2021 Accounts payable Accounts

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solve part c
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The following selected accounts from Kal Corporation's general ledger are presented below for the year ended December 31, 2021 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Cost of goods sold Depreciation expense $98,000 148,000 573.000 12.000 300,000 1.925,000 278,000 Equipment Income tax expense Insurance expense Inventory Prepaid expenses Retained earnings Salaries expense $1,664,000 132.000 128.000 374,000 45.000 676,000 921,000 3.980,000 Sales (a) Prepare a single-step statement of income Vie Qu Sain Advertising Ltd's opening trial balance on January 1 shows Supplies $1.500. On January 11, the company purchased additional supplies for $1,800 on account. On January 31, there are $1,100 of supplies on hand

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