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Question 1: Make a multistep Income statement for Tulip Corporation for 2019 using the below data.
Accounts payable 5,400 Cleaning expense 1,200
Repair expense 800 Salary expense 7,600
Cost of goods sold 19,300 Sales revenue 44,500
Income tax expense 550 Interest expense 850
Utilities expense 900 Share capital 10,000
seeking your kind regards.
Financial Statement Analysis and Preparation
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