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Fill in the blanks in the following separate income statements a through e. Sales Cost of goods sold Merchandise inventory, beginning Total cost of merchandise
Fill in the blanks in the following separate income statements a through e. Sales Cost of goods sold Merchandise inventory, beginning Total cost of merchandise purchases Merchandise inventory, ending Cost of goods sold Gross profit Expenses Nel income (loss) S a 62,000 $ 8,000 38,000 34,050 10,000 $ b 43,500 $ 17,050 3,000 16,000 10,650 16,850 $ C 55,000 7,500 9,000 12,750 12,150 600 P 8,000 32,000 6,600 45,600 $3,600 42,000 $ 25,600 4,560 6,600 7,000 6,000
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