Exam 3 covering chapters 5-6 i
fill in the blanks in the following separate income statements a through e. (amounts to be deducted should be indicated by
sign.)
ab de
s 63,000
$ 43,600
$ 41.000
24,500
(8 025352
7 500
: 16
315
7,700
4.400
33,000
6.800
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)
33,000
(7.400)
333 33.450
17.000
6,400
5.600
270
$ (5,670) s
46,100
4,800
41,300
7.800
$
14,970