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please solve it all Question 01. For each of the following, determine the missing amounts Show your work Sales Cost of Operating Goods S Gross
please solve it all Question 01. For each of the following, determine the missing amounts Show your work Sales Cost of Operating Goods S Gross Prof Expenses Reve 1,000,000 (c). a w900,000 (b). 250.000 120.000 1.100.000 id). WROO 000 Question 02 Nen Company uses a perpetual inventory system During May, the following transactions and events occured May 13 Sold 12 motors at a cost of $50 each to Slater Brothers Supply Company, terms 1/10, n30. The motors cost Ne $35 each May 16 Three defective motors were returned to Nen May 23 Received payment in full from Slater Brothers Joumalize the May transactions for Nen Company assuming that Nen uses a perpetual inventory system Account title Debit Credit Date Neto Question 01 For each of the following, determine the missing amounts. Show your work. Sales Cost of Operating Revenue *1,000,000 Expenses Net Income 1. Goods Sold (a) *950,000 Gross Profit (b). 1,100,000 *250,000 *120,000 2. (c) (d) 800.000 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
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