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Question 3 At the end of Oates Department Store's fescal year on November 30,2017, these accounts appeared in its adjusted trial balance Freight-In Inventory Obeginning

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Question 3 At the end of Oates Department Store's fescal year on November 30,2017, these accounts appeared in its adjusted trial balance Freight-In Inventory Obeginning Purchase Discounts Purchase Returns and Allowances Sales Revenue Sales Returns and Allowances 6274 51,212 760,120 8680 8.382 1.118,480 24,800 Additional facts 1. Inventory on November 30,2017,is $ 44,888 2. Note that Oates Department Store uses a periodic system Prepare an income statement through gross profit for the year ended November 30,2017 OATES DEPARTMENT STORE 45 6 78 90 backspacehome pg

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