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The following is a partial trial balance for the Green Star Corporation as of December 31, 2024: Account Title Sales revenue Interest revenue Debits
The following is a partial trial balance for the Green Star Corporation as of December 31, 2024: Account Title Sales revenue Interest revenue Debits Credits $ 1,750,000 42,000 62,000 Gain on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Required: $ 810,000 220,000 87,000 52,000 142,000 1. Prepare a single-step income statement by inserting the amounts above into the appropriate section. 2. Prepare a multiple-step income statement by inserting the amounts above into the appropriate section.
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