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Revenues Purchases Shipping of merchandise to customers Depreciation of Store Fixtures Merchandise inventory, December 31, 2019 Purchase discounts General and administration costs Purchase returns and
Revenues Purchases Shipping of merchandise to customers Depreciation of Store Fixtures Merchandise inventory, December 31, 2019 Purchase discounts General and administration costs Purchase returns and allowances Transportation-in Merchandise inventory, January 1, 2019 Marketing, distribution, and customer service costs $199,500 163,500 1,425 2,605 31,050 5,650 18,700 8,100 6,250 28,950 13,575 a) Prepare a cost of goods purchased statement for 2019 Foundations of Management Accounting - uestion 1 continued b) Prepare a cost of goods sold statement for 2019. c) Prepare the income statement for 2019
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