Two items are omitted in each of the following four lists of income statement data Determine the amounts of the missing items, identifying them byletter 525,000 $733,000 $1,440,000 $ (g) (e) 85,000 7,500 100,000 65,000 Sales Sales returns and allowances Sales discounts Net sales Cost of merchandise...

a 20250 525000 41350 463400 b 379900 463400 835 ...

Two items are omitted in each of the following four lists of income statement data. Determine the

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Two items are omitted in each of the following four lists of income statement data.
Determine the amounts of the missing items, identifying them byletter.

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Corporate Financial Accounting

ISBN: 978-1133952411

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Question Posted: Feb 28, 2014 08:04 AM

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Two items are omitted in each of the following four lists of income statement data. Determine the

Question:

525,000 $733,000 $1,440,000 $ (g) (e) 85,000 7,500 100,000 65,000 Sales Sales returns and allowances Sales discounts Net sales Cost of merchandise sold Gross profit (Fa) 41,350 463,A0) 28,000 (C) 1,295,000 (f) 900,000 (d) 275,000 600,000 410,000 83,500

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Corporate Financial Accounting

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