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The adjusted trial balance of Jayco Corporation at December 31, 2022 included the following selected accounts: Credit Debit $ 45,000 592.000 4,200 Advertising expense Cost
The adjusted trial balance of Jayco Corporation at December 31, 2022 included the following selected accounts: Credit Debit $ 45,000 592.000 4,200 Advertising expense Cost of goods sold Depreciation expense. Freight out... Income tax expense Interest expense Interest income Salaries expense. Sales revenue Utilities expense 11.200 74,280 12,500 $ 15,000 248,000 1,158,000 12,500 Instructions (a) Use the above information to prepare a multiple-step statement of income for the year ended December 31, 2022. (b) Calculate the gross profit margin and the profit margin for 2022
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