Financial information follows for four companies, all following ASPE: Determine the missing amounts for (a) to...
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Financial information follows for four companies, all following ASPE: Determine the missing amounts for (a) to (i). (Enter all answers as positive number.) Elizabeth's Cosmetics Inc. Sage Hill Grocery Inc. Oriole Wholesalers Ltd. Cheyenne Supply Ltd. Sales Revenue $97,200 (c) $ $148,600 $116,900 Sales Returns and Allowances 4,400 11,400 6,100 (a) Net Sales Revenue 71,200 100,300 137,200 (g) Beginning Inventory 23,100 47,300 23,700 (d) Purchases 62,100 108,200 86,200 (e) Purchase Returns and Allowances 5,700 10,700 8,500 (h) Ending Inventory 52,900 29,300 28,800 (b) Cost of Goods Sold 59,900 71,100 68,800 (f) Gross Profit 11,300 29,200 22,400 (i) Financial information follows for four companies, all following ASPE: Determine the missing amounts for (a) to (i). (Enter all answers as positive number.) Elizabeth's Cosmetics Inc. Sage Hill Grocery Inc. Oriole Wholesalers Ltd. Cheyenne Supply Ltd. Sales Revenue $97,200 (c) $ $148,600 $116,900 Sales Returns and Allowances 4,400 11,400 6,100 (a) Net Sales Revenue 71,200 100,300 137,200 (g) Beginning Inventory 23,100 47,300 23,700 (d) Purchases 62,100 108,200 86,200 (e) Purchase Returns and Allowances 5,700 10,700 8,500 (h) Ending Inventory 52,900 29,300 28,800 (b) Cost of Goods Sold 59,900 71,100 68,800 (f) Gross Profit 11,300 29,200 22,400 (i)
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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