Question: Compute the missing amounts in the separate (partial) income statements A, B, and C. B C Sales $ 54,000 $ 124,000 Sales discounts 3,200
Compute the missing amounts in the separate (partial) income statements A, B, and C. B C Sales $ 54,000 $ 124,000 Sales discounts 3,200 840 5,400 Sales retums and allowances 7,400 10,400 Net sales 52,000 21,600 Cost of goods sold 17,400 Gross profit 16,400 29,500
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