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13 Additional information: Accrued sales salaries amount to $3,200. Prepaid selling expenses of $5,200 have expired. Depreciation for the period is $2,500. Required Assuming a

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Additional information: Accrued sales salaries amount to $3,200. Prepaid selling expenses of $5,200 have expired. Depreciation for the period is $2,500. Required Assuming a perpetual inventory system, complete the following: a. Journalize the adjusting journal entries. b. Prepare a classified multiple step income statersent for the jear ended December 31,2023. The following list of accounts is taken from the December 31,2023 , unadjusted trial balance of Perdu Sales, a business that is owned by Eldon Perda. Additional information: Assume that for the month ended October 31,2023 , net sales were $32,000, cost of goods sold was $19,200 and from operations was $8,000. Calculate and compare the company's gross profit ratios for October and November. (Place your answer on the sheet below. If you click near the middle of the sheet, a blinking cursor will appear in the upper left corner of the sheet. If you click on the curled portion of the sheet in the lower right comer, the sheet will be selected so that you can increase or decrease its size.)

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