Conduct profit and loss statement for boutique with figure

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Question 1: Conduct a profit and loss statement for a boutique with the following figures and determine if the store operated at a profit: Gross sales $104,000 Customer returns 5,000 Billed costs 49,000 Inward freight 10,000 Advertising 7,500 Rent 12,000 Alterations 1,000 Salaries 16,000 Miscellaneous expenses 5,000

Reference no: EM132577622

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