Question: 2015 500,000.00 ? ? ? ? 2016 800,000.00 ? ? ? ? 2017 ? 800,000.00 ? ? 50% Installment Sales Cost of Installment Sales Gross

2015 500,000.00 ? ? ? ? 2016 800,000.00 ? ? ?

2015 500,000.00 ? ? ? ? 2016 800,000.00 ? ? ? ? 2017 ? 800,000.00 ? ? 50% Installment Sales Cost of Installment Sales Gross Profit Gross Profit Rate on Sales Gross Profit Rate on Cost Collection : 2015 Contract 2016 Contract 2017 Contract Defaulted Contract of 2016 Realized Gross Profit Merchandise Repossession Loss on Repossession Deferred Gross Profit 2016 250,000.00 200,000.00 10,000.00 ? 200,000.00 50,000.00 ? 30,000.00 5,000.00 90,000.00 70,400.00 140,000.00 Additional Question: Whats is the contract balance of: 2015 2016 2017 2015 500,000.00 ? ? ? ? 2016 800,000.00 ? ? ? ? 2017 ? 800,000.00 ? ? 50% Installment Sales Cost of Installment Sales Gross Profit Gross Profit Rate on Sales Gross Profit Rate on Cost Collection : 2015 Contract 2016 Contract 2017 Contract Defaulted Contract of 2016 Realized Gross Profit Merchandise Repossession Loss on Repossession Deferred Gross Profit 2016 250,000.00 200,000.00 10,000.00 ? 200,000.00 50,000.00 ? 30,000.00 5,000.00 90,000.00 70,400.00 140,000.00 Additional Question: Whats is the contract balance of: 2015 2016 2017

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