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5 Transportation Out.. Ending Inventory ..... Purchases. Purchase Discount ..... Sales Sales Discounts .. Sales Returns . . . . . . Beginning Inventory -

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5 Transportation Out.. Ending Inventory ..... Purchases. Purchase Discount ..... Sales Sales Discounts .. Sales Returns . . . . . . Beginning Inventory - ... - - - 1 ransportation In . . . . . . 400 4000 10000 1000 15000 1500 300 5000 600 Determine the following: 1) Net Sales 2). Net Purchases 3) Cost of merchandise available for sale 4) Cost of merchandise sold 5) Gross profit E C D

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