Question: Exercise 8-06 Your answer is partially correct. Try again. Two or more items are omitted in each of the following tabulations of income statement data.

Exercise 8-06 Your answer is partially correct. Try again. Two or

Exercise 8-06 Your answer is partially correct. Try again. Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missi 2020 2021 2019 $290,040 Sales revenue 358221 $412,060 Sales returns and allowances (12,080) -23436 Net sales (13,370) 344,851 33,580 277960 20,500 388624 Beginning inventory 44139 YRIR Ending inventory -33580 -44139 Purchases 258,490 Purchase returns and allowances (4,650) (7,650) Freight-in 7,840 9,070 Cost of goods sold (230,630) -249351 Gross profit on sales 47,330 95,500 Click if you would like to Show Work for this question: Open Show Work -50732 295,577 (9,510) 12,000 (291,474) 97,150

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