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Just need the acid test ratio Required: 1. Using the above information, prepare adjusting...

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Accounting

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Just need the acid test ratio

Required: 1. Using the above information, prepare adjusting journal entries. 2. Prepare a multiple-step income statement for the year ended January 31 that begins with gross sales and includes separat categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. 3. Prepare a single-step income statement for the year ended January 31. Answer is complete and correct. Complete this question by entering your answers in the tabs below. Prepare a single-step income statement for the year ended January 31. Required: 1. Using the above information, prepare adjusting journal entries. 2. Prepare a multiple-step income statement for the year ended January 31 that begins with gross sales and includes separat categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. 3. Prepare a single-step income statement for the year ended January 31. Answer is complete and correct. Complete this question by entering your answers in the tabs below. Prepare a single-step income statement for the year ended January 31

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