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The following selected accounts from the Cheyenne Corp.'s general ledger are presented below for the year ended December 31, 2017: Advertising expense 45,100 Interest revenue
The following selected accounts from the Cheyenne Corp.'s general ledger are presented below for the year ended December 31, 2017: Advertising expense 45,100 Interest revenue Cormmon stock Cost of goods sold Depreciation expense 102,500 Retained earnings Dividends Freight-out Income tax expense 57,400 Seles returns and allowances Insurance expense Interest expense s 24,600 54,940 19,680 438,700 553,500 6,970 33,620 1,968,000 205,000 nventory 889,700 Rent revenue 123,000 Salaies and wages experse 20,500 Sales discounts 12,300 Sales revenue 57,400 Prepare a multiple-step income statement. CHEYENNE CORP Income Statement Enced Dec ast of Goods Seld
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