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Prepare the Statement of Comprehensive income using a Multi-step Approach: 150,000 Merchandise Inventory, 10,000 100,000 5,000 5,000 Sales Sales Discount 3,000 beg. Purchases Sales Returns
Prepare the Statement of Comprehensive income using a Multi-step Approach: 150,000 Merchandise Inventory, 10,000 100,000 5,000 5,000 Sales Sales Discount 3,000 beg. Purchases Sales Returns 2,000 Purchase Discount Merchandise Inventory, end Freight-in 90,000 General Expenses 4,000 Selling Expenses 18,000
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