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1. 2. Supply the missing dollar amounts for each of the following independent cases: Cases Sales Revenue Beginning Inventory Purchases Total Available Ending Cost of
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Supply the missing dollar amounts for each of the following independent cases: Cases Sales Revenue Beginning Inventory Purchases Total Available Ending Cost of Inventory Goods Sold Gross Profit Selling and General Expenses $ 225 Income from Operations A $ 1,100 $ 200 $ 675 $ 475 B 970 270 750 175 25 150 250 250 470 200 D 890 620 350 275 125 During the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follows: Jan. 6 Sold goods for $180 to Wizard Inc. with terms 2/30, n/60. The goods cost Solitare $74. 6 Sold goods to Spyder Corp. for $92 with terms 1/10, n/30. The goods cost Solitare $64. 14 Collected cash for the amount due from Wizard Inc. Feb. 28 Collected cash for the amount due from Spyder Corp. Required: Compute the total revenue Solitare would report over the two months. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Total RevenueStep by Step Solution
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