Using the classification scheme below for a multistep income statement, match each account with the letter of the category in which it belongs. a. Net salesb. Cost of salesc. Selling expensesd. General and administrative expensese. Other revenues and expensesf. Not on income statement1. Sales Discounts2. Cost of Goods Sold3. Dividend Income4. Advertising Expense5. Office Salaries Expense6. Freight Out Expense7. Prepaid Insurance8. Utilities Expense9. Sales Salaries Expense10. Rent Expense11. Depreciation Expense-Delivery Equipment12. Interest ExpenseView Solution:
Using the classification scheme below for a multistep income sta



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