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Idenfily the evrors by preparing a corrected muitiplo-step income statement. Be sure to complefe the statement heading. Refer to the account names in the instructions and the lists of Labels and Amount Descriptions for the exact wording of text entries. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Not loss should be nogative. Expenses should be positive. A colon (') will aufamatically appear if it is required. For the Year Ended August 31, 20 Y5 Income Statement Curbstone Company Income Statement (Label) 1 2 3 (Label) 5 7 90 (Label) 11 12).

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Idenfily the evrors by preparing a corrected muitiplo-step income statement. Be sure to complefe the statement heading. Refer to the account names in the instructions and the lists of Labels and Amount Descriptions for the exact wording of text entries. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Not loss should be nogative. Expenses should be positive. A colon (') will aufamatically appear if it is required. For the Year Ended August 31, 20 Y5 Income Statement Curbstone Company Income Statement (Label) 1 2 3 (Label) 5 7 90 (Label) 11 12)

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  • 1. Idenfily the evrors by preparing a corrected muitiplo-step income statement. Be sure to complefe the statement heading. Refer to the account names in the instructions and the lists of Labels and Amount Descriptions for the exact wording of text entries. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Not loss should be nogative. Expenses should be positive. A colon (') will aufamatically appear if it is required. For the Year Ended August 31, 20 Y5 Income Statement Curbstone Company Income Statement (Label) 1 2 3 (Label) 5 7 90 (Label) 11 12)