Determining amounts for items omitted from income statement Obj. 4 One item is omitted in each of

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Determining amounts for items omitted from income statement Obj. 4 One item is omitted in each of the following four lists of income statement data. Determine the amounts of the missing items, identifying them by letter.

Chase Company Jessup Inc. Osterman Company Snyder Co.

Sales $735,000

(b) $8,220,000 (d)

Cost of goods sold

(a) $157,850

(c) $44,500 Gross profit 110,000 42,150 2,300,000 15,500 AppendixLO1

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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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