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Business
Accounting
Make the single step statement of the following. Sales  417,500 Cost of goods sold 210,000 Salaries expense 38,000 Depreciation expense- building 40,000 Advertising expense 12,300 Office supplies Expense 3,500 Gains on disposal of store Equipment 3,000 Interest expense 1,000

Make the single step statement of the following. Sales  417,500 Cost of goods sold 210,000 Salaries expense 38,000 Depreciation expense- building 40,000 Advertising expense 12,300 Office supplies Expense 3,500 Gains on disposal of store Equipment 3,000 Interest expense 1,000

Financial Accounting: The Impact on Decision Makers
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter5: Inventories And Cost Of Goods Sold
Section: Chapter Questions
Problem 5.26MCE
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Make the single step statement of the following.

Sales  417,500

Cost of goods sold 210,000

Salaries expense 38,000

Depreciation expense- building 40,000

Advertising expense 12,300

Office supplies Expense 3,500

Gains on disposal of store Equipment 3,000

Interest expense 1,000

 

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