Question: The following data for the current year ended June 30 are from the accounting records of Zanadu Co.: Administrative expenses $28,750 Cost of goods sold

The following data for the current year ended June 30 are

from the accounting records of Zanadu Co.: Administrative expenses $28,750 Cost of

The following data for the current year ended June 30 are from the accounting records of Zanadu Co.: Administrative expenses $28,750 Cost of goods sold 181,440 Interest expense 3,600 Rent revenue 1,500 Sales 534,440 Selling expenses 65,000 Prepare a multiple-step income statement for the year ended June 30. Enter all amounts as positive numbers. Zanadu Co. Income Statement For the Year Ended June 30 Gross profit Operating expenses: Zanadu Co. Income Statement For the Year Ended June 30 $ Gross profit Operating expenses: Total operating expenses Other revenue and expense: EA

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