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Problem 5-6A At the end of Bramble Corp.'s fiscal year on November 30, 2019, these...

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Accounting

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Problem 5-6A At the end of Bramble Corp.'s fiscal year on November 30, 2019, these accounts appeared in its adjusted trial balance. Freight-In Inventory Purchases Purchase Discounts Purchase Returns and Allowances Sales Revenue Sales Returns and Allowances 7,600 41,500 575,100 6,600 2,500 1,043,500 21,200 Additional facts: 1. Merchandise inventory on November 30, 2019, is $51,200 2. Bramble Corp. uses a periodic system. Prepare an income statement through gross profit for the year ended November 30, 2019

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