Question: Exercise 4 - 3 ( Algo ) Income statement format; single step and multiple step [ LO 4 - 1 ] The following is a

Exercise 4-3(Algo) Income statement format; single step and multiple step [LO4-1]
The following is a partial trial balance for General Lighting Corporation as of December 31.2024:
Income tax expense has not yet been recorded. The income tax rate is 25% of income before income taxes.
Required:
Prepare a single-step Income statement for 2024.
Prepare a multiple-step income statement for 2024.
Complete this question by entering your answers in the tabs below.
Prepare a single-step income statement for 2024.
Exercise 4-3(Algo) Income statement format; single step and multiple step [LO4-1]

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