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Question 2 The following selected information is for Company for the year ended January 31, 2017: Freight in $6,500 Purchase discounts $12,000 Freight out Purchase

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Question 2 The following selected information is for Company for the year ended January 31, 2017: Freight in $6,500 Purchase discounts $12,000 Freight out Purchase returns and allowances Insurance expense 12,000 Rent expense Interest expense 6,000 Salaries expense Merchandise inventory, beginning Salaries payable 2,500 Merchandise inventory, ending 42,000 Sales O. G. Pogo, capital 105,000 Sales discounts 14,000 0. G. Pogo, drawings Sales returns and allowances Purchases Unearned sales revenue 4,500 (a) Condition gt requires numbers instead of "null" and "0" Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number

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