MN ehensive Problem 0 SUS, SU D55 per un te rreur given an dewance bee and h. Uncertain whether customers would keep or return the shirts, BSS decided to record any sales discount only when n (using the gross method), 1 On October 19, one-half of the golf shirts were returned by customers to BSS J. On October 20, an allowance was given on account equal to $12.50 per shirt for the remaining 40 shirts k. The customers paid their remaining balances on the last day of the month October 31 3. Report the financial effects of the above transactions in a multistep income statement for the month ended October 31 pm external use. BUSINESS STUDENTS' SOCIETY Income Statement At October 31 MN ehensive Problem 0 SUS, SU D55 per un te rreur given an dewance bee and h. Uncertain whether customers would keep or return the shirts, BSS decided to record any sales discount only when n (using the gross method), 1 On October 19, one-half of the golf shirts were returned by customers to BSS J. On October 20, an allowance was given on account equal to $12.50 per shirt for the remaining 40 shirts k. The customers paid their remaining balances on the last day of the month October 31 3. Report the financial effects of the above transactions in a multistep income statement for the month ended October 31 pm external use. BUSINESS STUDENTS' SOCIETY Income Statement At October 31