Question: E7-2 (Algo) Inferring Missing Amounts Based on Income Statement Relationships LO7-1 Enter the missing dollar amounts for the income statement for each of the following
E7-2 (Algo) Inferring Missing Amounts Based on Income Statement Relationships LO7-1 Enter the missing dollar amounts for the income statement for each of the following independent cases. (Hint: In Case B. work from the bottom up.) Case B 7,610 6,050 Case A $ 11.110 4,820 6,670 Case C $ 3,880 9,330 13,210 Net sales revenue Beginning inventory Purchases Goods available for sale Ending inventory Cost of goods sold Gross profit Expenses Pretax income (loss) 15,090 10,990 10,310 4.410 1,460 360 $ 1,630 (450) 1,050
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