Question: Complete the missing blanks in the income statement attached for Stars and Moon Company at the end of the year. Blank number 1? (4 Points)
Complete the missing blanks in the income statement attached for Stars and Moon Company at the end of the year. Blank number 1? (4 Points) ..(1). Income Statement For the period ended. -121 Revenue from Sales: 191. (1700) 74,200 Sales Return and Allowance Net Sales Cost of Goods Sold: ...15)..... Purchase Less: Purchase Returns ...2..... Add: Fright in .... 35,000 (1960) 360 (10) 55,690 121 27,600 46,600 Cost of goods Available for sale L. Cost of Good Sold Gross Profit Operation Expense Rent Expense Loss from machine Sale Interest Expense ..113 (15) 4,500 500 140 1141 (16), Stars and Moon Income Statement Moon and Stars
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