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1. Supply the missing amounts in the preceding table. 2. Prepare the income statement for the year ended December 31,2019, for Banana Company, which uses
1. | Supply the missing amounts in the preceding table. |
2. | Prepare the income statement for the year ended December 31,2019, for Banana Company, which uses the periodic inventory system. Include a complete heading, and show the full computation of cost of goods sold. Banana's operating expenses for the year were $13,000. |
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