Patsy's traditional income statement and contribution margin income statement for the month. Prepare the traditional...

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Accounting

Patsy's traditional income statement and contribution margin income statement for the month.
Prepare the traditional income statement for the month.
Patsy's Quilt Shoppe
Income Statement
For the Month Ended February 28
Sales revenue
Less: Operating expenses
Sales commissions
Payroll costs
Lease
Operating income
Prepare the contribution margin income statement for the month.
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