The following adjusted trial balance information was taken from the end of the July 31, 2014, fiscal

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The following adjusted trial balance information was taken from the end of the July 31, 2014, fiscal year for Brilliant Sales:
The following adjusted trial balance information was taken from the

Brilliant Sales uses a perpetual inventory system.
Required
1. Prepare a classified multiple-step income statement for use by internal users (like Exhibit 5.15).
2. Prepare a multiple-step income statement for external users (like Exhibit 5.16).
3. Prepare a single-step income statement (like Exhibit 5.17).

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Fundamental Accounting Principles

ISBN: 978-0071051507

Volume I, 14th Canadian Edition

Authors: Larson Kermit, Tilly Jensen

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