Use This Information to Answer the Following Question

question 3

Multiple Choice

Use this information to answer the following question. If the income statement were prepared in a multistep form, excess of other expenses over other revenues would be

• A) $12,750.
• B) $6,500.
• C) $19,000.
• D) $6,250.

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Definitions:

Tab Key

A keyboard key used to advance the cursor to the next set tab stop, often used in formatting documents.

Rightward

A direction indicating movement toward the right side.

Cell

The intersection between a row and a column in a spreadsheet or table, often used to enter and store data.

Mailings Tab

A feature in word processing software, such as Microsoft Word, used for creating and managing document mailing options, like envelopes or labels.