1) What is the gross profit for the month of july?

2) How much was the cost of goods sold?

3) How much was the cost of goods available for sale ?

4) How much was the income (loss) from operations for july?

Let's see what you learned in Financial Accounting The following monthly information is taken from the adjusted trial balance of MARKOFF COMPANY, a merchandiser of widgets, as of July 31. A physical inventory at the start of July was \\( \\$ 35,000 \\), while the physical count as of July 31 was \\( \\$ 30,000 \\)