Question: Refrences AaBbCcDd AaBbCcDdE AaBbCeDdl Heading 7 Strong Normal Using your accounting knowledge, fill in the blanks in the following separate income statements a through e.
Refrences AaBbCcDd AaBbCcDdE AaBbCeDdl Heading 7 Strong Normal Using your accounting knowledge, fill in the blanks in the following separate income statements a through e. Identify any negative amount by putting it in parentheses. 62.000 43500 46000 Cost of goods sol Merchandise inventory (beginning) 8,000 17,0507500 8,000 4560 2,000 6600 Merchandise inventory (ending) sold H.050 400 ! ! 7000 Gross prole 3,750 45,600 Net income (loss) Solution Note: The original missing numbers are blocked, Enter vour answer (s) in the block Sales $62,000 $43,500 $46,000 $25,600 4,560 6,600 Cost of goods sold Merch. inv. (beg.). 8,000 17,050 8,000 32,000 (9,000)(6,600) 7,500 Total cost of merch. purchases... 38,000 Merch. inv. (end.).... Cost of goods sold....3405016,000 Gross profit. Expenses. Net income (loss).. (3,000)( 7.000 3,750 45,600 10,000 10,650 12.150 3,6006,000 $16.850 8.400) $42.000 sh (United States) Focus F7 F9 10
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