Use the data in Short Exercise 5-10 to prepare Carolina Communications' classified balance sheet at January 31,
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Use the data in Short Exercise 5-10 to prepare Carolina Communications' classified balance sheet at January 31, 2007. Use the report form with all headings, and list accounts in proper order.
Exercise 5-10
Carolina Communications reported these figures in its financial statements:
Prepare Carolina's multi-step income statement for the year ended fanuary 31,2007.
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