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    Business
  3. Study Set
    Principles of Accounting
  4. Exam
    Exam 5: Financial Reporting and Analysis
  5. Question
    Use This Information to Answer the Following Question
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Use This Information to Answer the Following Question

Question 3

Question 3

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question.   If the income statement were prepared in a multistep form, excess of other expenses over other revenues would be A)  $12,750. B)  $6,500. C)  $19,000. D)  $6,250. If the income statement were prepared in a multistep form, excess of other expenses over other revenues would be


A) $12,750.
B) $6,500.
C) $19,000.
D) $6,250.

Correct Answer:

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