Two items are omitted in each of the following four lists of income statement data. Determine the
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$500,000 15,000 8,000 Sales Sales returns and allowances Sales discounts Net sales Cost of merchandise sold Gross profit $393,000 930,000 S (g) 30,500 37,000 18,000 350,000 30,000 860,000 285,000 540,000 150,000 140,000 340,000
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a 25000 39300018000350000 b 210000 350000 14...View the full answer
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Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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