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a Suggested Sites Getting Started Portions of the financial statements for Software Associates are...

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Accounting

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a Suggested Sites Getting Started Portions of the financial statements for Software Associates are provided b st Visited Banquet Service Staff Gateway OFTWARE ASSOCIATES Income Statenent For the year ended December 31, 2018 $ 608,000 Net sales Expenses Cost of goods sold Operating expenses Depreciation expense Income tax expense $368,000 118,000 31,800 43,000 Total expenses 560,800 Net income S 47 200 SOFTWARE ASSOCIATES Selected Balance Sheet Data December 31, 2018, compared to December 31, 2017 Decrease in accounts receivable Decrease in inventory Increase in prepaid remt Decrease in salaries payable Increase in accounts payable Increase in income tax payable $8,800 11,800 1800 2,800 5,800 6,800 Required: Prenare th

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