Question: Fill in the missing amounts. Indicate a loss by placing brackets around the amount. Each column of figures is a separate problem. A B C
Fill in the missing amounts. Indicate a loss by placing brackets around the amount. Each column of figures is a separate problem.
|
| A | B | C |
| Sales | 80,000 | 64,000 |
|
| Beginning inventory | 25,000 |
|
|
| Net purchases |
| 45,000 | 8,000 |
| Ending Inventory | 15,000 | 10,000 | 2,000 |
| Cost Of Goods Sold |
| 50,000 | 13,000 |
| Gross Profit | 23,000 |
| (1,000) |
| Expenses |
| 20,000 | 5,000 |
| Net Income | 14,000 | (6,000) |
|
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