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Current Attempt in Progress The following selected information is for Blossom Company for the year ended January 31, 2021: Freight in Freight out Insurance expense
Current Attempt in Progress The following selected information is for Blossom Company for the year ended January 31, 2021: Freight in Freight out Insurance expense Interest expense Merchandise inventory, beginning Merchandise inventory, ending O. G. Pogo, capital 0. G. Pogo, drawings Purchases $6,500 7,000 12,000 6,000 61,300 42,000 105,000 42,400 215,000 Purchase discounts Purchase returns and allowances Rent expense Salaries expense Salaries payable Sales Sales discounts Sales returns and allowances Unearned sales revenue $12,000 16,400 20,100 60,800 2,500 324,000 14,000 20,500 4,500 (a) Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) BLOSSOM COMPANY Income Statement Year Ended January 31, 2021 V
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