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HOME MY COURSES The following the 1st two closing entries for Fox Fixtures were made on March 31, 2019, the end of the annual accounting

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HOME MY COURSES The following the 1st two closing entries for Fox Fixtures were made on March 31, 2019, the end of the annual accounting period red 9.00 on March 31 Interest Revenue Merchandise Inventory Sales 1,200 11,000 445,000 22,000 11,000 Purchase Returns Purchase Discounts Income Summary 490,600 March 31 453.300 15.000 Income Summary Merchandise Inventory Sales Retum Sales Discount 25,000 16 000 Purchases 286 000 8.800 Freight-in Selling Expenses General Administration Expenses 69,000 33.500 Use the information in the closing entries to calculate the following amounts: 1. Calculate Net Sales for Fox Fixtures 2. Calculate Cost of Goods Purchased for Fox Fixtures: 3. Calculate Cost of Goods Sold for Fox Fixtures

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