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    Business
  3. Study Set
    Intermediate Accounting Study Set 5
  4. Exam
    Exam 4: The Income Statement
  5. Question
    All of the Following Would Appear on a Single-Step Income
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All of the Following Would Appear on a Single-Step Income

Question 3

Question 3

Multiple Choice

All of the following would appear on a single-step income statement except


A) cost of goods sold.
B) extraordinary items.
C) gross profit.
D) discontinued operations.

Correct Answer:

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