Question: [Type here] VI Multiple-Step Income Statement (15 points) Below is a partial listing of the adjusted account balances of Larson Department Store at year-end on
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[Type here] VI Multiple-Step Income Statement (15 points) Below is a partial listing of the adjusted account balances of Larson Department Store at year-end on December 31, 2015. $ Accounts Receivable Cost of Goods Sold Operating Expenses (includes depreciation) Interest Expense Accumulated Depreciation-Buildings Sales Discounts Inventory Sales Revenue Accounts Payable Interest Revenue 19,000 245,000 65,000 1,000 10.000 22,000 45,000 350,000 14,000 800 Instructions Using whatever data you believe appropriate, prepare a multiple-step income statement for Larson Department Store for the year ended December 31, 2015
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