Use the data below to prepare the multi step income statement of Selene Software for the year
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Use the data below to prepare the multi step income statement of Selene Software for the year ended August 31, 2020 (Click the icon to view the closing entries.) Complete the multi-step income statement section-by-section as presented to you (Use parentheses or a minus sign for a not loss.) Net sales revenue Gross margin Operating expenses Operating Income Other expense Use the data below to prepare the multi-step income statement of Solone Software for the year onded August 31, 2020 1 (Click the icon to view the closing entries.) Net sales revenue Gross margin Operating expenses Operating Income Other expense Net income (loss) - Use the data below to prepare the multi-step income statemen (Click the icon to view the closing entries.) Closing entries n. Journal Entry Date Accounts Debit Credit August 31 Sales Revenue 441,000 Income Summary 441,000 August 31 Income Summary 328,900 Net sales revenue Sales Discounts 4,500 246,000 48,000 28,700 1,700 Cost of Goods Sold Selling Expense General Expense Interest Expense 31 Income Summary B. Brewer, Capital 31 B. Brewer, Capital Gross margin Operating expenses August 112,100 112,100 Operating Income August 46,000 Other expense Net income (loss) Print Done
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