Using your accounting knowledge, fill in the blanks in the following separate income statements a through e.
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Sales ..._.$60,000 $42500 $36,000 ? Cost of goods sold $23.600 7,000 32,000 (2.700) (2.000) (6,600) 34.050 15.7003750 45.600 Merchandise inventory (beginning) Total cost of merchandise purchases.36,000 6,000 7,050 7.500 2,560 5,600 5,600 Expenses Net income (loss) ...9.000 ,0000.650 2150 2.600 600 ?$15,950 $(8.400 $43,000
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a b c d e Sales 60000 42500 36000 78000 23600 Cost of goods sold Merch inv beg 6000 17050 7500 7000 ...View the full answer
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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