Prepare a multi-step Income statement for Moon Corporation

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Question - Prepare a multi-step Income statement for Moon Corporation for 2020 using the below data.

Advertising expense 250 Wages expense 3,300

Utilities expense 820 Land 81,000

Cost of goods sold 29,600 Sales revenue 71,400

Income tax expense 480 Interest expense 340

Accounts payable 5,400 Rent expense 5,700

Reference no: EM132963382

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