Using your accounting knowledge, find the missing amounts in the following separate income statements. d a 'b $ 63,000 $ 43,600 $ 41,000 e $ 24,500 7,500 33,000 4,400 6,800 Sales Cost of goods sold Merchandise inventory, beginning Total cost of merchandise purchases Merchandise inventory, ending Cost of goods sold Gross profit Expenses Net income (loss) 33,450 16,290 5,200 7,700 33,000 2,700 8,300 7,400 17,000 5,600 46,100 11,630 11,270 4,800 $ 14,970 $ (5,670) $ 41,300 6,400 12,000 7,800 Berandi beta SAMgow Ho 22mheproduct Types of contracts Best Books on si Chapter 4 Homework 4-1,4-3,4-4,4-14,4-15; PR4-1A, FSA 4-2 Plans & Pricing Pe Saved Help 2 2 points Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system and the gross method Apr. 2 Purchased $6.700 of merchandise from Lyon Company with credit terms of 2/15, 1/60, invoice dated April 2, and FOS shipping point. 3 Paid $370 cash for shipping charges on the April 2 purchase. 4 Returned to Lyon Company unacceptable merchandise that had an invoice price of $900. 17 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. 18 Purchased $12,700 of merchandise from Frist Corp. with credit terms of 1/10, n/30, invoice dated April 18, and FOB destination. 21 After negotiations, received from Frista $4ee allowance toward the $12,700 owed on the April 18 purchase. 28 Sent check to Frist paying for the April 18 purchase, net of the allowance and the discount. eBook Hint View transaction list Print Journal entry worksheet