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The following account balances are taken from Ballistik Ltd's adjusted trial balance at January 31, 2020: Debit Credit $5,281,000 Sales revenue Wages expense Cost of
The following account balances are taken from Ballistik Ltd's adjusted trial balance at January 31, 2020: Debit Credit $5,281,000 Sales revenue Wages expense Cost of goods sold General and administrative expenses Utilities expenses Depreciation expense Interest expense Interest revenue Income tax expense Advertising expense Selling expenses $177,000 3,677,000 68,000 106,000 94,000 32,000 51,000 151,000 124,000 195,000 Prepare a multi-step statement of income for the year ended January 31, 2020. Ballistik Ltd. Statement of Income . $
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