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HoneyLu's is a coffee shop that uses the periodic inventory system. Selected account balances are below: Sales Revenue $192,000 Purchases 90,000 Inventory (beginning) 30,000 Inventory
HoneyLu's is a coffee shop that uses the periodic inventory system. Selected account balances are below: Sales Revenue $192,000 Purchases 90,000 Inventory (beginning) 30,000 Inventory (ending) 18,000 Purchase Returns & Allowances 8,000 Purchase Discounts 6,000 Freight-In 7,000 11,000 6,000 5,000 Sales Discounts Sales Returns & Allowances Freight-Out What is the amount of HoneyLu's Gross Profit? Select one: O a. $91,000 O b. $80,000 O c. $73,000 d. $79,000 e. $86,000 K 
What is the amount of HoneyLu's Gross Profit? Select one: a. $91,000 b. $80,000 c. $73,000 d. $79,000 e. $86,000
HoneyLu's is a coffee shop that uses the periodic inventory system. Selected account balances are below: Sales Revenue $192,000 Purchases 90,000 Inventory (beginning) 30,000 Inventory (ending) 18,000 Purchase Returns & Allowances 8,000 Purchase Discounts 6,000 Freight-In 7,000 11,000 6,000 5,000 Sales Discounts Sales Returns & Allowances Freight-Out What is the amount of HoneyLu's Gross Profit? Select one: O a. $91,000 O b. $80,000 O c. $73,000 d. $79,000 e. $86,000 K
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