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In the current year, Randa Merchandising Incorporated sold its interest in a chain of wholesale...

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Accounting

In the current year, Randa Merchandising Incorporated sold its interest in a chain of wholesale outlets, taking the company completely out of the wholesaling
business. The company still operates its retail outlets. A listing of the major sections of an income statement follows.
Exercise 13-17A (Algo) Income statement categories LO A2
Indicate where each of the following income-related Items for this company appears on its current year income statement by selecting the appropriate section in the drop down
beside each item.
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