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E6-18A (similar to) EQuestlon Help Revicw the income statement dala for cach of the following companics (amounts adapted, in millions) (Click the icon to view
E6-18A (similar to) EQuestlon Help Revicw the income statement dala for cach of the following companics (amounts adapted, in millions) (Click the icon to view the dala.) Require Supply the missing income stalement amounts for each of the compaies Prepare tax income statement tor Gerald Company tor e year ended December 31, 2014. Lse the cost-ot-goods-sold madel to compute cost of goods sold Gerald's operating and other expenses adapted, rthe year were $40,D00 Ignore income Requirement 1. Supply the missing income statement amounts for each of the companies. Data Table Ending Beginning Net Cost of Gross Company Net Sales Purchases Inventory Goods Sold Profit Inventory Beginning Ne Ending Cost of Gross Gerald 21,000 S 104,000 S 60,000 18.000 Inventory Purchases Company Net Sales Inventory Goods Sold Profit 1 Gerald 104 000 S 21.000 $ 60 g0D $ (a) (b 131.000 fc' Adams 24,000 28,000 (d) 41.000 Allen el 54 000 22.000 63.000 29,000 86.000 33.000 Ugino 9.000 7,000 (hi Print Done
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