Question: Exercise 8-6 Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing.
Exercise 8-6 Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing. 2013 2014 2015 Sales revenue $293,960 $ $412,780 Sales returns and allowances 11,400 13,240 Net sales 351,640 Beginning inventory 21,570 33,130 Ending inventory Purchases 260,750 298,730 Purchase returns and allowances 5,290 8,310 10,200 Freight-in 8,370 9,190 12,340 Cost of goods sold 236,480 296,970 Gross profit on sales 46,080 92,320 97,850
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