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2 3 4 5 Fill in the blanks in the following separate income statements a through e. Sales Cost of goods sold 6 7 8
2 3 4 5 Fill in the blanks in the following separate income statements a through e. Sales Cost of goods sold 6 7 8 9 10 11 12 Expenses 13 Net income (loss) 14 15 Merchandise inventory, beginning Total cost of merchandise purchases Merchandise inventory, ending Cost of ds sold Gross profit b $68,000 $43,600 $56,000 8,000 $9,000 33,720 22,000 16,950 2,50 17,000 6,500 8,100 d 7,400 29,000 7,100 13,050 48,200 10,420 12,300 4,400 $16,180 $750 $43,800 $25,500 4,550 5,200 7,600 6,800
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