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Multi-step Income Statements The adjusted trial balance of Crane Distributors on December 31, 2016 is...

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Accounting

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Multi-step Income Statements The adjusted trial balance of Crane Distributors on December 31, 2016 is shown below. Prepare a multi-step income statement for the year ended December 31, 2016. Combine all the operating expenses into one line on the income statement for selling, general and administrative expenses. Do not use negative signs for your answers

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