Question: (Find Missing AmountsPeriodic Inventory) Financial information is presented below for four different companies Instructions Determine the missing amounts (ai). Show all computations. Pamela's Cosmetics Dean's

(Find Missing Amounts—Periodic Inventory) Financial information is presented below for four different companies

Pamela's Cosmetics Dean's Anderson Grocery Wholesalers Baywatch Supply Co. Sales $78,000 (c)

Instructions Determine the missing amounts (a–i). Show all computations.

Pamela's Cosmetics Dean's Anderson Grocery Wholesalers Baywatch Supply Co. Sales $78,000 (c) $144,000 Sales returns (a) $ 5,000 12,000 $100,000 9,000 Net sales 74,000 94,000 132,000 (g) Beginning inventory 16,000 (d) 44,000 24,000 Purchases 88,000 100,000 (e) 85,000 Purchase returns 6,000 10,000 Ending inventory (b) 48,000 8,000 30,000 (h) 28,000 Cost of goods sold 64,000 72,000 (f) 72,000 Gross profit 10,000 22,000 18,000 (i)

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