Question: Instruction: Identify the financial statement and the section where they should appear by using the lettered-choices below. A. Statement of Comprehensive Income - Net Sales

 Instruction: Identify the financial statement and the section where they should

Instruction: Identify the financial statement and the section where they should appear by using the lettered-choices below. A. Statement of Comprehensive Income - Net Sales B. Statement of Comprehensive Income - Cost of Sales C. Statement of Comprehensive Income - Operating Expenses D. Statement of Comprehensive Income - Other Income E. Statement of Comprehensive Income - Other Expenses _1. Sales Return and Allowances _2. Interest Income _3. Freight Out _4. Freight in _5. Interest Expense 6. Net Purchases _7. Goods Available for Sales _8. Rent Expenses 9. Purchase Discount _10. Loss on Sales _11. Gain on Sales _12. Inventory Beginning _13. Insurance Expense _14. Sales Discount 15. Purchases

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