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The following is a list of the accounts and balances taken from the adjusted trial balance at December 312021 for Meilleur Merchants. Meilleur uses a
The following is a list of the accounts and balances taken from the adjusted trial balance at December 312021 for Meilleur Merchants. Meilleur uses a perpetual inventory system and the earnings approach for revenue recognition. The list of accounts is in alphabetical order. All accounts have normal balances. Prepare a multiple-step income statement for Meilleur Merchant for the year ended December 31, 2021
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