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using the following information prepare a multiple step income statement cost of goo 4246456

Using the following information, prepare a multiple-step income statement.Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 8,000Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900Selling and administrative expense . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,000Accrued wages payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 320Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500Retained earnings (beginning) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 700Income tax expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000View Solution:
Using the following information prepare a

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