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The selected accounts from the Monty Corpfs accounting records are presented below for the year ended December 31, 2022: Advertising expense $ 53,900 Interest revenue
The selected accounts from the Monty Corpfs accounting records are presented below for the year ended December 31, 2022: Advertising expense $ 53,900 Interest revenue $29,400 Common stock 245,000 Inventory 65,660 Cost of goods sold 1,063,300 Rent revenue 23,520 Depreciation expense 122,500 Retained earnings 524,300 Dividends 147,000 Salaries and wages expense 661,500 Freight-out 24,500 Sales discounts 8,330 Income tax expense 68,600 Sales returns and allowances 40,180 Insurance expense 14,700 Sales revenue 2,352,000 Interest expense 68,600 Prepare a multiple-step income statement. Prepare a multiple-step income statement. MONTY CORP. Income Statement to $
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