Question: Using your knowledge, find the missing amounts in the following separate income statements. (Amounts to be deducted should be indicated by a minus sign) Using

Using your knowledge, find the missing amounts in the following separate income statements. (Amounts to be deducted should be indicated by a minus sign)

Using your knowledge, find the missing amounts in the following separate income

Using your accounting knowledge, find the missing amounts in the following separate income statements. (Amounts to be deducted should be indicated by a minus sign.) b d e $ 62,000 43,500 $ 46,000 $ 25,600 8,000 17,050 4,560 38,000 6,600 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) 34,050 27,950 10,000 17,950 (3,000) 16,000 27,500 10,650 16,850 7,500 8,000 43,750 32,000 (9,000) (6,600) 42,250 3,750 45,600 12,150 3,600 $ (8,400) $ 42,000 7,000 18,600 6,000 $ $ $ 12,600

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