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Prepare the sales section of multiple-step income statement

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Reference no: EM132824854

Barto provides this information for the month ended October 31, 2022:

sales on credit $300,000; cash sales $150,000; sales discounts $5,000; and sales returns and allowances $19,000.

Problem 1: Prepare the sales section of the multiple-step income statement based on this information.

Reference no: EM132824854

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