Required information [The following information applies to the questions displayed below) Baskin Robbins is one...
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Required information [The following information applies to the questions displayed below) Baskin Robbins is one of the world's largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso 'n Cream Assume that a local Baskin-Robbins in Raleigh North Carolina, has the following amounts for the month of July 2021. Salaries expense Inventory (July 1, 2021) Sales returns Utilities expense Income tax expense $12,200 Sales revenue 1,550 Interest income 1,200 Cost of goods sold 2,850 Rent expense 4,500 Interest expense Inventory (July 31, 2021) $62,300 1, see 27,950 5, 20e 500 1,200 Required: 1. Prepare a multiple-step income statement for the month ended July 31, 2021. BASKIN-ROBBINS Multiple-step Income Statement 1. Prepare a multiple-step Income statement for the month ended July 31, 2021. BASKIN-ROBBINS Multiple-step Income Statement For the month of July 2021 Net sales: Total sales revenue Net sales revenue Operating expenses:



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