Presented below are the components in Clearwater Pools income statement. Determine the missing amounts. Gross Net Sales

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Presented below are the components in Clearwater Pools’ income statement. Determine the missing amounts. Gross Net Sales Revenue Cost of Operating Expenses Goods Sold Profit Income £78,000 £108,000 £10,800 £30,000 a. b. ?

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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Question Posted: Jun 21, 2019 08:47 AM

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Presented below are the components in Clearwater Pools income statement. Determine the missing amounts. Gross Net Sales

Question:

Gross Net Sales Revenue Cost of Operating Expenses Goods Sold Profit Income £78,000 £108,000 £10,800 £30,000 a. b. £55,000 £83,900 £29,500 c. £39,500 £79,600

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a Cost of goods sold 48000 78000 30000 Operat...View the full answer

Accounting Principles

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