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QS 5-3 (Algo) Merchandise accounts and computations LO C1 Use the following information (in random order) from a merchandising company and from a service company.
QS 5-3 (Algo) Merchandise accounts and computations LO C1 Use the following information (in random order) from a merchandising company and from a service company. McNeil Merchandising Company Accumulated depreciation $ 700 Beginning inventory 8,000 Ending inventory 3,600 Expenses 1,750 Net purchases 8,700 Net sales 15,500 Krug Service Company Expenses $ 9,100 Revenues 20,000 Cash 800 Prepaid rent 840 Accounts payable 200 Equipment 1,900 Compute the goods available for sale, the cost of goo
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