Question: Presented below is information for Bramble Corp. for the month of January 2022. Cost of goods sold $230,808 Rent expense $33,000 Freight-out 6,000 Sales

Presented below is information for Bramble Corp. for the month of January

Presented below is information for Bramble Corp. for the month of January 2022. Cost of goods sold $230,808 Rent expense $33,000 Freight-out 6,000 Sales discounts 8,000 Insurance expense 12,000 Sales returns and allowances 20,000 Salaries and wages expense 57,000 Sales revenue 382,000 (a) Prepare a multiple-step income statement. (If there is a net loss then enter the amount using either a negative sign preceding the number eg Bramble Corp. Income Statement

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