Question: please help solve After posting the transactions from Part A, you should have the following account balances. Use this information to prepare either a multiple
After posting the transactions from Part A, you should have the following account balances. Use this information to prepare either a multiple step income statement or a contribution format income statement. Account Name Debit Credit Raw Materials $33,400 Cash $133,100 Work in Process $391,800 $47,000 Salaries Expense Rent Expense $5,100 $12,000 $26,000 Advertising Expense Sales Commissions Expense Accumulated Depreciation Depreciation Expense Cost of Goods Sold $21,000 $5,000 $203,600 Sales Revenue $519,000
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