Question: 3 . Prepare the top section of the multiple - step income statement through gross profit for the month of July. Complete this question by

3. Prepare the top section of the multiple-step income statement through gross profit for the month of July. Complete this question by entering your answers in the tabs below. Assuming that CD City uses a periodic inventory system, record the transactions. (If no entry is required for a particular transaction, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record purchase of CDs on account from Wholesale Music for \(\$ 2,150\), terms 2/10, n/30. Note: Enter debits before credits.
3 . Prepare the top section of the multiple -

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