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Prepare a multistep income statement for low corporation

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Reference no: EM133052533

Question - Prepare a multistep Income statement for Low Corporation for 2020 using the below data.

Cost of goods sold 29,060 Sales revenue 99,700

Utilities expense 415 Salaries expense 5,350

Notes payable 5,300 Rent expense 4,400

Repair expense 895 Building 89,000

Income tax expense 850 Interest expense 780

Reference no: EM133052533

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