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Fill in the missing amounts in the following income statement for Carpenters Department Store Inc. Sales Revenue $125,600 Less: Sales Returns and allowances (a) Net
Fill in the missing amounts in the following income statement for Carpenters Department Store Inc. Sales Revenue $125,600 Less: Sales Returns and allowances (a) Net Sales $122,040 Costs of goods sold: Beginning Inventory $23,400 Purchases $ (b) Less: Purchase Discounts 1,300 Net Purchases $ (c) Add: Transportation-in 6,550
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