Fill in the blanks in the following separate income statements a through e. Sales Cost of...

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Fill in the blanks in the following separate income statements a through e. Sales Cost of goods sold Merchandise inventory, beginning Total cost of merchandise purchases Merchandise inventory, ending Cost of goods sold Gross profit Expenses Net income (loss) 63,000 $ 7,500 33,000 33,450 (7,050) 12,000 $ 43,600 $ 16,290 2,700 17,000 11,630 14,970 $ 41,000 5,200 8,300 13,450 12,500 950 $ 7.700 33,000 7,400 46,100 4,800 41,300 e 24,500 4,400 6,800 6,400 7,800 Fill in the blanks in the following separate income statements a through e. Sales Cost of goods sold Merchandise inventory, beginning Total cost of merchandise purchases Merchandise inventory, ending Cost of goods sold Gross profit Expenses Net income (loss) 63,000 $ 7,500 33,000 33,450 (7,050) 12,000 $ 43,600 $ 16,290 2,700 17,000 11,630 14,970 $ 41,000 5,200 8,300 13,450 12,500 950 $ 7.700 33,000 7,400 46,100 4,800 41,300 e 24,500 4,400 6,800 6,400 7,800

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Here are the completed income statements for each scenario a Sales 63000 Cost of Goods Sold Merchand... View the full answer