Question: Please answer problem #20 showing all work accordingly on all parts. Thank you! At the end of Carla Vista Department Store's fiscal year on November


At the end of Carla Vista Department Store's fiscal year on November 30, 2022, these accounts appeared in its adjusted trial balance. Freight-In $ 4,560 Inventory (beginning) 40,800 Purchases 608,000 Purchase Discounts 6,500 Purchase Returns and Allowances 6,260 Sales Revenue 897,000 Sales Returns and Allowances 19,500 Additional facts: 1. Inventory on November 30, 2022, is $ 35,700. 2. Note that Carla Vista Department Store uses a periodic system. CARLA VISTA DEPARTMENT STORE Income Statement (Partial) $ A
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