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Operating expenses $ 54000 Sales returns and allowances 2000 Sales discounts 9000 Sales revenue 158000 Cost of goods sold 92000 Gross Profit would be $55000.
| Operating expenses | $ 54000 |
| Sales returns and allowances | 2000 |
| Sales discounts | 9000 |
| Sales revenue | 158000 |
| Cost of goods sold | 92000 |
Gross Profit would be
| $55000. |
| $68000. |
| $66000. |
| $64000. |
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel G Short, George Kanaan, Maureen Sterling
6th Canadian edition
73208140, 1259105695, 978-1259105692
