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I cannot figure it out my mistake for Merchandise inventory (ending) 6 Safari File Edit view History Bookmarks windaw Help 9 L2 '' 27%03- Thu11:07PM

I cannot figure it out my mistake for Merchandise inventory (ending)

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6 Safari File Edit view History Bookmarks windaw Help 9 L2 '' 27%03- Thu11:07PM q o O O O El] Enewconneottmneducatiuntcom 1 .31 heck my work mode shows wha 5 correct or ncorrect for the work you have completed so fart It does not Return to question Exercise 4-1 Computing revenues. expenses, and income LO C1 25 Using your accounting knowledge. nd the missing amounts in the following separate income statements (Amounts to be deducted points should be indicated by a minus sign.) 6 Answer Is complete but not entirely torrent. Sales $ 62,000 $ 43.500 3 46.000 3 79.000 0 25.600 Cost oi goods sold Merchandise inventory be inning) 8.000 17.050 7.500 3.000 4.560 Total cost of merchandise pmhases 38,000 1,950 9 43.750 9 32.000 6.600 Merchandise inventory (ending) 11.950 0 (3.000) (9.000) (6,600) 4.160 Cost oi goods sold 34,050 16.000 42.250 9 33.400 9 7.000 Gross prot 27,950 9 27.500 0 3.750 45.500 18.500 9 Expenses 10,000 10,650 12,150 3,600 6,000 Net income (loss) $ 17,950 9 $ 16,850 $ (8.400) $ 42.000 3 12.600 9 ( Prev 2 of 4 Next )

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