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*Exercise 8-6 Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing.
*Exercise 8-6 Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing. 2017 2018 2016 $288,820 Sales revenue $410,020 Sales returns and allowances (11,060) (13,430) Net sales 348,998 Beginning inventory 19,210 33,650 Ending inventory Purchases Purchase returns and allowances Freight-in Cost of goods sold Gross profit on sales (5,040) 8,110 (235,200) 261,470 (7,800) 8,410 298,835 (10,240) 12,600 (293,080) 96,640 42,560 95,570
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