The following data for the year ended June 30, 2010, were extracted from the accounting records of

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The following data for the year ended June 30, 2010, were extracted from the accounting records of Roof Co.:

Cost of merchandise sold ...........................$300,000

Operating expenses ......................................$95,000

Sales ...........................................................$450,000

Prepare a multiple-step income statement for the current year ended June 30, 2010.

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Financial and Managerial Accounting

ISBN: 978-0538480895

11th Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: May 23, 2013 05:09 AM

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The following data for the year ended June 30, 2010, were extracted from the accounting records of

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