Prepare a multistep income statement for matthew

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Reference no: EM13525234

Using the following data, prepare a multistep income statement for Matthew's Dry Goods for the month ended February 28, 2010.

Cost of Goods Sold
$15,000
General and Administrative Expenses
4,000
Net Sales
25,000
Selling Expenses
3,500
Income Taxes
475

Important Information: Indentation and column formating is often lost when the problems are submitted.

Reference no: EM13525234

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