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Using the journal eatries, taccounts, job cost records, and whedule of cost of goods manulactured that you previously prepared, create Yarious Violins, inc's income statement
Using the journal eatries, taccounts, job cost records, and whedule of cost of goods manulactured that you previously prepared, create Yarious Violins, inc's income statement for the month of lanuary. While preparing this statement, assume that the compary had total selling and administrative expenses of $1,000, interest revenue of $150, and an income tax expense equal to 20% of the compary's income before income taxes. Using the journal eatries, taccounts, job cost records, and whedule of cost of goods manulactured that you previously prepared, create Yarious Violins, inc's income statement for the month of lanuary. While preparing this statement, assume that the compary had total selling and administrative expenses of $1,000, interest revenue of $150, and an income tax expense equal to 20% of the compary's income before income taxes
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