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The adjusted trial balance of Notson Company

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The adjusted trial balance of Notson Company The adjusted trial balance of Notson Company contained the following information: Debit Credit Sales $560,000 Sales Returns and Allowances $ 20,000 Sales Discounts 7,000 Cost of Goods Sold 386,000 Freight-out 2,000 Advertising Expense 15,000 Interest Expense 18,000 Store Salaries Expense 55,000 Utilities Expense 28,000 Depreciation Expense 7,000 Interest Revenue 30,000 Instructions 1. Use the above information to prepare a multiple-step income statement for the year ended December 31, 2008. 2. Prepare a single-step income statement for the year ended December 31, 2008. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

The adjusted trial balance of Notson Company

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