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Fill in the blanks in the following separate income statements a through e. a b C d $62,000 $43,500 $55,000 $? $25,600 Sales Cost of
Fill in the blanks in the following separate income statements a through e. a b C d $62,000 $43,500 $55,000 $? $25,600 Sales Cost of goods sold Merchandise inventory, beginning 8,000 17,050 7,500 8,000 4,560 Total cost of merchandise purchases 38,000 ? ? 32,000 6,600 Merchandise inventory, ending ? 3,000 9,000 6,600 ? Cost of goods sold 34.050 16,000 ? ? 7,000 Gross profit Expenses Net income (loss) ? ? 12,750 45,600 ? 10,000 10,650 12,150 3,600 6,000 $ ? $16,850 $ 600 $42,000 $
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