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9: Please complete part a and part b The following is a listing of the income statement accounts
for Mulberry Street Sportswear as they appear on the adjusted trial balance as of December 31 .
Required: a. Prepare a multistep income statement. Include all operating expenses in one line
item called "Selling, General and Administrative Expenses" and all non-operating
revenues(expenses) in one line item called "Other Revenue (Expenses), net". b. Compute the
gross profit percentage. Complete this question by entering your answers in the tabs below.
Prepare a multistep income statement. Include all operating expenses in one line item called
"Selling, General and Administrative Expenses" and all non-operating revenues(expenses) in one
line item called "Other Revenue (Expenses), net".

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9 Please complete part a and part b The following is a listing of t.pdf

  • 1. 9: Please complete part a and part b The following is a listing of the income statement accounts for Mulberry Street Sportswear as they appear on the adjusted trial balance as of December 31 . Required: a. Prepare a multistep income statement. Include all operating expenses in one line item called "Selling, General and Administrative Expenses" and all non-operating revenues(expenses) in one line item called "Other Revenue (Expenses), net". b. Compute the gross profit percentage. Complete this question by entering your answers in the tabs below. Prepare a multistep income statement. Include all operating expenses in one line item called "Selling, General and Administrative Expenses" and all non-operating revenues(expenses) in one line item called "Other Revenue (Expenses), net".