Find the missing amounts g knowledge, find the missing amounts in the following

Question

Find the missing amounts

g knowledge, find the missing amounts in the following separate income statements a Using your accountin through e (Amounts to be deducted should be indicated by a minus sign.) Sales 56.200 S39,790 S 36,530 $22.087 Cost of goods sold Merchandise inventory (beginning) Total cost of merchandise purchases Merchandise inventory (ending) Cost of goods sold 5.339 32.034 7671 6 122 30,720 6.342) 3,223 2275 7,993 (3,823) 12,618 9,171) 31,234 7 813 Gross proft 6,249 13.998 (7.749) 41 9,000 10 650 2,600 5,700 Net income (loss)

Explanation / Answer

a b c d e Sales 56200 39790 36530 73061 22087 Cost of goods sold Merchandise inventory (beginning) 5339 3223 7671 6722 2275 Total cost of merchandise purchases 32034 13218 31781 30720 7999 merchandise inventory (ending) (6139) (3823) (9171) (6347) (2461) Cost of goods sold 31234 12618 30281 31095 7813 Gross Profit 24966 27172 6249 41965 14274 Expenses 9000 10650 13998 2600 6100 Net Income (loss) 15966 16522 (7749) 39365 8174

Related Questions

Navigate

• Browse (All)
• Browse F
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.