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calculate total expense, gross profit ,net sales ,profit or income and total liqbilities Jim Panzie, owns a portable pet store which uses the perpetual inventory
calculate total expense, gross profit ,net sales ,profit or income and total liqbilities
Jim Panzie, owns a portable pet store which uses the perpetual inventory system. The book keeper Sally Mander has provided the following partial list of account balances (in alphabetical order) on December 15, 2021 REQUIRED: Using the accounts provided, calculate the total expenses. $ 29 23 64 2 10 687 439 98 Accounts Payable Accounts Recevable Accumulated Amortization Allowance for Doubtful Accounts Cash Cost of Goods Sold J. Panzie, Capital J. Panzio, Withdrawals Equipment Interest Earned Inventory Rent Expense Salaries Expense Sales Discounts Sales Returns and Allowances Sales Supplies Unearned Sales 180 4 108 217 155 8 32 1,040 14 12 Step by Step Solution
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