Question: Using the data provided from the general ledger and supplementary records of Company Jack, compute for the missing amounts. Case A Case B Case C
Using the data provided from the general ledger and supplementary records of Company Jack, compute for the missing amounts.

Case A Case B Case C Sales 200,000 300,000 Beginning Inventory 50,000 50,000 Purchases 150,000 100,000 Freight-in 5,000 5,000 10,000 Purchase discount 2,000 2,000 5,000 Goods Available for Sale 253,000 1 10,000 Ending Inventory 53,000 75,000 Gross Profit 83,000 50,000 Operating Expenses 20,000 Net Operating Income (Loss) (27,000) 25,000
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