Question: Please solve it as soon as possible i have only 20 minutes Two or more items are omitted in each of the following tabulations of

 Please solve it as soon as possible i have only 20

Please solve it as soon as possible i have only 20 minutes

Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing. 2014 2015 2016 Sales revenue 290,000 410,000 Sales returns and allowances 6,000 13,000 Net sales 347,000 Beginning inventory 20,000 32,000 Ending inventory Purchases Purchase returns and allowances Freight-in Cost of goods sold Gross profit on sales 260,000 8,000 9,000 5,000 8,000 238,000 46,000 298,000 10,000 12,000 303,000 97,000 91,000

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