Question

Last month Cyber Games, a computer game retailer, had total sales of $1,450,000, selling expenses of $210,000, and administrative expenses of $180,000. The company had beginning merchandise inventory of $240,000, purchased additional merchandise inventory for $950,000, and had ending merchandise inventory of $170,000.
Required:
Prepare in income statement for the company for the month.


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  • CreatedMarch 15, 2011
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