Presented below is information for Oakley Company for the month of March 2020.
Cost of...
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Presented below is information for Oakley Company for the month of March 2020.
Cost of goods sold $254,000
Rent expense $36,000
Freight-out 7,500
Sales discounts 8,800
Insurance expense 5,000
Sales returns and allowances 11,000
Salaries and wages expense 75,000
Sales revenue 425,000
Prepare a multiple -step income statement.
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