Question: Constructing an Income Statement [ LO 3 ] Pampering You Co . provides monthly surprise boxes of bath and beauty products to subscribers on a
Constructing an Income Statement LO
Pampering You Co provides monthly "surprise" boxes of bath and beauty products to subscribers on a monthly basis. Customers sign up
for a minimum threemonth subscription and a box with a variety of products is delivered to their doorstep each month. The company buys
products to distribute from wholesalers at good prices given most of the products were overstocked or left unsold from the prior season.
You are provided the following financial information for the month of June:
Required:
Prepare an income statement for the company for the month.
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