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Review the income statement data for each of the following companies Click the icon to view the data.) Read the requirements. Requirement 1. Supply the
Review the income statement data for each of the following companies Click the icon to view the data.) Read the requirements. Requirement 1. Supply the missing income statement amounts for each of the companies. Beginning Net Ending Company Net Sales Inventory Purchases Inventory Jones $ 103,000 $ 22,000 $ 58,000 $ 21,000 Cost of Gross Goods Sold Profit ice Data Table Gross Company Jones Beginning Net Ending Cost of Net Sales Inventory Purchases Inventory Goods Sold 103,000 $ 22.000 $ 58,000 $ 21,000 (a) 136,000 29,000 (c) 27,000 (d) 57,000 25,000 64.000 89,000 11,000 27,000 (9) 34,000 Evans Profit (b) 41,000 27.000 (h) Hartt Victor Print Done Requirements - X 1. Supply the missing income statement amounts for each of the companies. 2. Prepare the income statement for Jones Company for the year ended December 31, 2018. Use the cost-of-goods-sold model to compute cost of goods sold. Jones's operating and other expenses for the year were $43,000. Ignore income tax
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