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The following amounts appeared on Davison Company's adjusted trial balance as of October 31, 2020, the end of ts fiscal year Skiped cBook Merchandise inventory
The following amounts appeared on Davison Company's adjusted trial balance as of October 31, 2020, the end of ts fiscal year Skiped cBook Merchandise inventory Other assets Liabilities Brenda Davison, capital Brenda Davison, withdrawals Interest income Sales Sales discounts Sales returns and allowances Cost of goods sold Sales salaries expense Rent expense, selling space Store supplies expense Advertising expense Office salaries expense Rent expense, office space office supplies expense Totals Debit Credit $ 15,600 252,800 $ 78,000 199,120 64,600 1,050 420,00 6,100 27,600 168,900 51,600 18,600 4,680 29,000 52,600 4.800 1.400 $693,200 $698,200 Print References Required: 1. Prepare a classified multiple-step income statement for internal use. DAVISON COMPANY Income Statement For Year Ended October 31, 2020 aped ook int ences Operating expenses. Selling expenses Total callinn aynenses n
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