Trumbo company provided the following trial balance for the current year. Prepare a multi-step statement...
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Trumbo company provided the following trial balance for the current year. Prepare a multi-step statement of comprehensive income for the year ended December 31. Bass Steel is subject to a 30% income tax rate. Trumbo company Partial Trial Balance (Selected Accounts) For the Year Ended December 31 Debit Credit $1,690,600 38,940 69,720 34,520 Accounts Sales Dividend Income Gain on Disposal of Discontinued Operations Unrealized Gain on A.F.S Investments Loss on Disposal of Equipment Loss on Foreign Currency Translation Loss on Discontinued Operations Loss on Asset Impairment Dividends Cost of Goods Sold Office Supplies Expense Selling Expenses Office Salaries Expense Depreciation Expense General Expense Interest Expense Treasury Shares Acquired 19,300 67,240 93,460 32,120 220 641,800 69,120 22,420 82,780 58,600 15,140 62,660 Required: Prepare multiple step income statement
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