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Exercise 8-06 Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing.
Exercise 8-06 Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing. 2019 2020 2021 Sales revenue $290,150 (10,340) Sales returns and allowances 357168 (13,000) 344,168 31,800 $413,850 (15820) 398030 Net sales 279810 21,130 Beginning inventory Ending inventory Purchases Purchase returns and allowances Freight-in Cost of goods sold Gross profit on sales 300940 275090 (4,740) 7,460 (234,220) 45,590 275968 260,890 (8,590) 8,500 (167220) 93,580 299,310 (9,690) 12,110 (295,620) 102,410
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