Question: Current Attempt in Progress The following selected information is for Carla Vista Company for the year ended January 31 2021 Freight in $6,500 Purchase discounts

 Current Attempt in Progress The following selected information is for Carla

Current Attempt in Progress The following selected information is for Carla Vista Company for the year ended January 31 2021 Freight in $6,500 Purchase discounts $12,000 Purchase returns and Freight out 7.000 16,400 allowances Insurance expense 12,000 Rent expense 20,200 Interest expense 6,000 Salaries expense 60,800 Merchandise Inventory. 61,200 Salaries payable 2,500 beginning Merchandise Inventory 42.000 Sales 322,000 ending OG. Pogo, capital 105,000 Sales discounts 14,000 Sales retums and O.G. Pogo, drawings 42,500 20.100 allowances Purchases 210,000 Unearned sales revenue 4.500 (a) Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg (453) Hapa education. Wley.com/www-playerindendid=1220-121-42-6541-3cbd 18 114

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