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World Jim operates several retail stores that specialize in products for a healthy lifestyle. Some of its financial information is shown below for its fiscal
World Jim operates several retail stores that specialize in products for a healthy lifestyle. Some of its financial information is shown below for its fiscal year ended July 31, 2018. Cost of Goods Sold $63,000 Depreciation Expense - Store Equipment $5,190 Gain on Sale of Equipment $4,820 Insurance Expense $11,400 Interest Expense $1,330 Office Salaries Expense $36,700 Office Supplies Expense $2,900 Sales Discounts $2,400 Sales Returns and Allowances $5,200 Sales Revenue $183,000 Sales Salaries Expense $31,300 Utilities Expense - Office $2,300 Utilities Expense - Retail $7,200 Required Prepare a multiple-step income statement. Do not enter dollar signs or commas in the input boxes. Enter all accounts under the appropriate section in alphabetical order. D
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