Accounting for Merchandising Operations

At the end of Donaldson Department Store's fiscal year on November 30, 2019, these accounts appeared in its adjusted trial balance.
Additional Facts:
  1. Merchandise inventory on November 30, 2019, is $52,600.
  2. Donaldson Department Store uses a periodic system.


Prepare an income statement through gross profit for the year ended November 30, 2019


Donaldson Department Store
Income Statement
For the Year Ended November 30, 2019
Are you need any help? Contact Us now.

Latest Articles

« »