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please solve all Question 01 For each of the following, determine the missing amounts. Show your work. Sales Cost of Goods Sold Operating Revenue 1,000,000
please solve all
Question 01 For each of the following, determine the missing amounts. Show your work. Sales Cost of Goods Sold Operating Revenue 1,000,000 Expenses Net Income 1. (a) *950,000 Gross Profit (b) 1,100,000 *120,000 800,000 2 250,000 (d). (c) Question 02 Nen Company uses a perpetual inventory system. During May, the following transactions and events occurred. May 13 Sold 12 motors at a cost of $50 each to Slater Brothers Supply Company, terms 1/10, n/30. The motors cost Nen $35 each. May 16 Three defective motors were returned to Nen. May 23 Received payment in full from Slater Brothers. Journalize the May transactions for Nen Company assuming that Nen uses a perpetual inventory system. Debit Credit Date Account title Step by Step Solution
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