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PART V The following selected data is available for the Kiki Company for October of the current year. Inventory October 31 Purchases Purchase Returns Proight

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PART V The following selected data is available for the Kiki Company for October of the current year. Inventory October 31 Purchases Purchase Returns Proight In Sales Sales Returns $38,500 31,000 45,500 800 3,200 94,500 1,400 REQUIRED: Please use the above data to prepare a partial Income Statement and determine the October Gross Profit for the Kiki Company

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