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please help me get the answer for this. PROBLEM #4: The income statement of Miller, Inc. includes the items listed below: FOR THE YEAR 2018.
please help me get the answer for this.
PROBLEM #4: The income statement of Miller, Inc. includes the items listed below: FOR THE YEAR 2018. Net sales $900,000 I Gross profit on sales 320,000 Beginning inventory 100,000 Purchase discounts 15,000 Purchase returns and allowances 8,000 Freight-in 10,000 Operating expenses 300,000 Purchases 570,000 20.000 ENDING INVENTORY (?) Freight out FIND THE ENDING INVENTORY !!! (d) PREPARE THE INCOME STATEMENT INCOME STATEMENT (OPTI OPTIONAL)
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