Questions: Prepare the multi-step income statement, statement of retained earnings and balance sheet (using...
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Accounting
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- Prepare the multi-step income statement, statement of retained earnings and balance sheet (using the classified method) for the year-ending September 30, 2022.
- Calculate the gross profit percentage to one decimal point.
- If opening inventory was $63,950, calculate the inventory turnover for 2023. Round to the nearest single decimal point.
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