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Prepare a skeletal profit and loss statement showing dollars

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Question 1: Prepare a skeletal profit and loss statement showing dollars and percentages for a department showing the following values

Purchases $90,000

charges 2,400

Cash discounts 1,800

Freight in 3,000

Direct expenses 37,000

Customer returns 9,000

Indirect expenses 30,000

Gross sales 180,00

Reference no: EM132498011

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