Presented below are the components in Veasy Companys income statement. Determine the missing amounts. Sales Cost of

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Presented below are the components in Veasy Company’s income statement. Determine the missing amounts.

Sales Cost of Gross Operating Expenses Net Revenue Goods Sold Profit Income (a) $ 75,000 (b) $108,000 (c) $ 9,800 $29,500 ? $28,000 ? $70,000 $83,900 ? ? ? $79,600 $39,500

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Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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