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DITO Company provided the following information for 2019. Purchases Purchases returns and allowances Rental income Selling expenses: Freight out Salesmen's commission Depreciation store equipment Merchandise
DITO Company provided the following information for 2019.
Purchases Purchases returns and allowances Rental income Selling expenses: Freight out Salesmen's commission Depreciation store equipment Merchandise inventory, January 1 Merchandise inventory, December 31 Sales Sales returns and allowances Sales discounts Administrative expenses Officers' salaries Depreciation office equipment Freight in Income tax Loss on sale of equipment Purchase discounts Dividend revenue Loss on sale of investment 150,000.00 250,000.00 175,000.00 650,000.00 125,000.00 1500,000.00 71850,ooo.oo 140,000.00 10,000.00 500,000.00 300,000.00 500,000.00 250,000.00 50,000.00 100,000.00 150,000.00 50,000.00
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