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please help with the income statement. Accounting Cycle Review 6 a f On December 1, 2020, Coronado Company had the account balances shown below. Debit

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please help with the income statement.

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Accounting Cycle Review 6 a f On December 1, 2020, Coronado Company had the account balances shown below. Debit Credit Cash $5,000 Accumulated DepreciationEquipment $1,200 Accounts Receivable 5,000 Accounts Payable 3,400 Inventory 1,800\" Owner's lCapital 28,200 Equipment 21,000 $32,800 $32,800 *[3,000 it $0.60) The following transactions occurred during December: Dec. 3 Purchased 4,200 units of inventory on account at a cost of $0.28 per unit. 5 Sold 4,500 units of inventory on account for $0.94 per unit. {Coronado sold 3,000 of the $0.60 units and 1,500 of the $0.28.) Tr" Granted the December 5 customer $12? credit for 200 units of inventory returned costing $118. These units were returned to inventory. 1? Purchased 2,000 units of inventory for cash at $0.84 each. 22 Sold 2,200 units of inventory on account for $0.99 per unit. {Coronado sold 2,200 of the $0.28 units.) Adjustment data: 1. Accrued salaries payable $400. 2. Depreciation $400 per month.

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