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directions: prepare a merchandising income statement in proper form. please help me!! To Chapter 4 Merchandising Income Statement Handout Using the following information, prepare a

directions: prepare a merchandising income statement in proper form.
please help me!!
image text in transcribed
To Chapter 4 Merchandising Income Statement Handout Using the following information, prepare a merchandising income statement in proper form for the year ended 12/31/20 for Griffin Enterprises Selling Expenses 14.000 Purchases 62.000 Merchandise lovestory, Jary 1, 2019 Merchandise Inventory, December 31, 2019 17.00 Sales Returns and Allowances 13.000 General and Administrative Expenses Sales Discounts 5.00 Purchase Returns and Allowances 600 Freight In Gross Sales 200,000 21.000

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