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Craig Petersons Craig's Pets, a small retail shop seling pet supplies. On December 31, 2018, the accounting records of Craig's Pets showed the following Data
Craig Petersons Craig's Pets, a small retail shop seling pet supplies. On December 31, 2018, the accounting records of Craig's Pets showed the following Data Table ar ended December 31, 2018 Merchandise Inventory on December 31, 2010 Merchandise Inventory on January 1, 2018 Net Sales Revenue Utilities Expense for the shop Rent for the shop Sales Commissions Purchases of Merchandise Inventory 10.400 15.000 57.000 3.600 4,700 2,350 20,000 Print Done Requirements 1. Prepare an income statement for Craig's Pets for the year ended December 31, 2018. 2. Craig's Pets sold 4,500 units. Determine the unit cost of the merchandise sold, rounded to the nearest cent. Print Done
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