Question: E7-3 (Algo) Inferring Missing Amounts Based on Income Statement Relationships L07-1 Enter the missing dollar amounts for the income statement for each of the following

 E7-3 (Algo) Inferring Missing Amounts Based on Income Statement Relationships L07-1

E7-3 (Algo) Inferring Missing Amounts Based on Income Statement Relationships L07-1 Enter the missing dollar amounts for the income statement for each of the following independent cases: Cases Total Available Cost of Goods Sold Gross Profit Expenses Ending Inventory $ 500 Pretax Income (Loss) Sales Beginning Revenue Purchases Inventory $ 650 $ 100 $ 700 1,100 200 900 150 A 200 B 150 150 200 400 100 300 300 D 800 550 200 200 (50) E 1,000 900 1,100 500

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