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The income statement review the account balances of ma and

Question: The Income Statement: Review the account balances of Ma and Pa Grocery as of December 31, 20##, in the Excel Template.

Requirements: 1. Prepare the Income Statement for the period ending December 31, 20##.

2. Calculate the gross profit % for the year.

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Accounting Basics: The income statement review the account balances of ma and

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Accounting Basics: The income statement review the account balances of ma and

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