Question: Compute the missing amounts in the separate (partial) income statements A, B, and C. A B Sales 69 $ 30,000 $ 100,000 Sales discounts
Compute the missing amounts in the separate (partial) income statements A, B, and C. A B Sales 69 $ 30,000 $ 100,000 Sales discounts 2,000 600 3,000 Sales returns and allowances 5,000 8,000 Net sales 40,000 18,000 Cost of goods sold 15,000 Gross profit 14,000 23,500
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