Fill in the blanks in the following separate income statements a through e. Sales Cost of goods sold Merchandise inventory, beginning Total cost of merchandise purchases Merchandise inventory, ending Cost of goods sold Gross profit Expenses Not income (loce) $ 66,000 $ 8,000 35,000 33,860 19,000 b 43,600 $ 16,660 2,900 18,000 10,800 14 800 S 53,000 5,400 8,300 12,850 12,200 650 S 7,200 28,000 7,600 41,100 4,600 36 500 $ 27,000 4,500 6,600 7,800 7,300

Fill in the blanks in the following separate income statements a through e. Sales Cost of goods sold Merchandise inventory, beginning Total cost of merchandise purchases Merchandise inventory, ending Cost of goods sold Gross profit Expenses Not income (loce) $ 66,000 $ 8,000 35,000 33,860 19,000 b 43,600 $ 16,660 2,900 18,000 10,800 14 800 S 53,000 5,400 8,300 12,850 12,200 650 S 7,200 28,000 7,600 41,100 4,600 36 500 $ 27,000 4,500 6,600 7,800 7,300

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Description: Fill in the blanks in the following separate income statements a through e. 1Fill in the blanks in the following separate income statements a through e.SalesCost of goods soldMerchandise inventory, beginningTotal cost of merchandise purchasesMerchand

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 1.7C

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