Question: E 5 - 8 ( Algo ) Preparing a Classified ( Multiple - Step ) Income Statement and Computing the Gross Profit Percentage LO 5

E5-8(Algo) Preparing a Classified (Multiple-Step) Income Statement and Computing the Gross
E5-8(Algo) Preparing a Classified (Multiple-Step) Income Statement and Computing the Gross Profit Percentage LO5-3
The following data were taken from the records of Township Corporation at December 31 of the current year:
\table[[Sales revenue,$87,000
Profit Percentage LO5-3 The following data were taken from the records of

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