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Prepare Statement of Comprehensive Income using the following accounts of Gab Medical Company for December 31, 2019. Sales 1,500,000 Sales Return and Allowances 12,000 11,000
Prepare Statement of Comprehensive Income using the following accounts of Gab Medical Company for December 31, 2019.
Sales 1,500,000 Sales Return and Allowances 12,000 11,000 Sales Discount 121,000 109,000 Merchandise Inventory, Beginning Merchandise Inventory, Ending Net Purchases Salaries Expense 720,000 125,000 112,000 38,000 Supplies Expense Depreciation Expense Utilities Expense Insurance Expense Rent Expense Bad Debts Expense 42,000 54,000 55,000 22,000Step by Step Solution
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