Question: 2. Prepare a skeletal prot and loss statement showing dollars and percentages for a department showing the following values: (5 pts.) Purchases $90,000 Alteration &workshop

2. Prepare a skeletal prot and loss statement showing dollars and

2. Prepare a skeletal prot and loss statement showing dollars and percentages for a department showing the following values: (5 pts.) Purchases $90,000 Alteration &workshop 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 180,000

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