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Prepare fully classified statement of profit for djuric ltd

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Presented here is information related to Djuric Ltd for the month of January 2016.

Freight-in14,300

Rent expense-

Store space14,350-

Office space14,350

Freight-out10,260

Salary expense-

Sales28,850-

Office57,190

Insurance expense16,390

Discount allowed11,960

Purchases287,400

Sales returns and allowances18,690

Sales448,210

Purchase returns and allowances12,230

Beginning inventory was $61,200, and ending inventory was $89,310.

Required

Problem 1: Prepare fully classified statement of profit or loss for Djuric Ltd

Reference no: EM132656424

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