Two or more items are omitted in each of the following tabulations of income statement data. Fill
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Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that aremissing.
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2006 2007 2008 $290,000 $ $410,000 Sales Sales returns Net sales Beginning inventory Ending inventory Purchases Purchase returns and allowances Transportation-in Cost of goods sold Gross profit on sales 11,000 13,000 347,000 32,000 20,000 298,000 10,000 12,000 293,000 97,000 ? 260,000 5,000 8,000 233,000 46,000 8,000 9,000 91,000
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Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
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