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Les Fleurs, a boutique in Paris, France, had the following accounts in its

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Deliverable Length: 2-3 paragraphs;Details: Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in Euros, denoted as "E");Purchases??????...;E250,000;Freight In?????? E8,000;Sales discounts????. 4,000;Purchase returns??.. 7,000;Inventory Sales???????. 400,000;December 31, 20X1?.. 20,000;Purchase discounts?. 3,000;December 31, 20X2?.. 30,000;Sales returns????. 8,000;Administrative Expenses 20,000;Balance Sheet - December 31, 20X1;Cash 10,000;Inventory 20,000;Owner's Equity 30,000;Compute the following for Les Fleurs during 20X2: (Do not convert the figures to US dollars.);Net sales revenue;Cost of goods sold;Gross profit;Net income;Balance sheet, December 31, 20X2;Statement of Owner's Equity, December 31, 20X2

 

Paper#26426 | Written in 18-Jul-2015

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