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The following is a partial trial balance for General Lighting Corporation as of December 31, 2024: Income tax expense has not yet been recorded. The

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The following is a partial trial balance for General Lighting Corporation as of December 31, 2024: Income tax expense has not yet been recorded. The income tax rate is 25% of income before income taxe Prepare a single-step income statement for 2024. Prepare a multiple-step income statement for 2024. Note: Amounts to be deducted should be indicated with a minus sign

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