Fill in the appropriate blanks for each of the independent situations below. Company A Company B Company
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Question:
Fill in the appropriate blanks for each of the independent situations below.
Company A | Company B | Company C | |||||
Sales revenue | $ | $342,150 | $536,580 | ||||
Beginning inventory | 52,230 | 89,450 | |||||
Net purchases | 192,030 | 256,930 | |||||
Ending inventory | 51,760 | 109,440 | 61,450 | ||||
Cost of goods sold | 428,750 | ||||||
Gross profit | 851,901 | 151,100 | |||||
Operating expenses | 48,200 | 49,700 | |||||
Income before taxes | 12,200 |
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
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