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In May 2022, the budget committee of Blossom Stores assembles the following data for preparing the merchandise purchases budget for the month of June: Calculate

In May 2022, the budget committee of Blossom Stores assembles the following data for preparing the merchandise purchases budget for the month of June: Calculate the budgeted merchandise purchases for June. Budgeted merchandise purchases Prepare the budgeted income statement for June through gross profit on sales

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