P8-1C

check Figure

Net Income $6004

Thanks always for the great help

Questions, Classroom Demonstration Exerc... P8-1C. On the basis of the accounts listed below, calculate a. Net sales b. Cost of goods sold c. Gross profit d. Net income Accounts Payable Operating Expenses P. Juarez, Capital Cost of Goods Sold Inventory, December 31, 2021 Sales Accounts Receivable Cash Sales Returns and Allowances Physical Count of Inventory, Dec. 31, 2021 Sales Discounts Calculating net sales, cost of goods sold, gross profit, and net income