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Question 9 of 9 4.58/15 CULLUMBER DEPARTMENT STORE Income Statement (Partial) November 30,2025 $41,400 600,040 51600 Question 9 of 9 $41,400 At the end of
Question 9 of 9 4.58/15 CULLUMBER DEPARTMENT STORE Income Statement (Partial) November 30,2025 $41,400 600,040 51600 Question 9 of 9 $41,400 At the end of Cullumber Department Store's fiscal year on November 30, 2025, these accounts appeared in its adjusted trial Additional facts: 1. Inventory on November 30,2025 , is $36,300. 2. Note that Cullumber Department Store uses a periodic system. Prepare an income statement through gross profit for the year ended November 30, 2025. Prepare an income statement through gross profit for the year ended November 30, 2025. CULLUMBER DEPARTMENT STORE Income Statement (Partial) November 30.2025 Sales Sales Revenue Less : Sales Returns and Allowances Net Sales Cost of Goods Sold Inventory, December 1,2024 Inventory Add Purchases $ $ (11 Freight-In \begin{tabular}{r} 1600 \\ \hline \end{tabular} Retained Earning. November 30.2025 v Question 9 of 9 4.58/15 Net Sales Cost of Goods Sold Inventory, December 1, 2024 Inventory Add Purchases $ 6001040 Freighit-In 51600 Retained Earninzs. November 30.2025 Less : Inventory Retained Earnings, November 30, 2025 Total Expenses
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