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Score: 0 0 34 pts E6A-27 (similar to) Consider the data of the following companies which use the periodic inventory system: (Click the icon to
Score: 0 0 34 pts E6A-27 (similar to) Consider the data of the following companies which use the periodic inventory system: (Click the icon to view the data.) Read the requirements. Requirement 1. Supply the missing amounts for each of the following companies: Cost of Gross Company Beginning Ending Net Sales Merchandise Net Cost of Merchandise Revenue Inventory Purchases Inventory $ 109,000 $ 24,000 $ 60,000 $ 14,000 Goods Sold Profit North $ 39,000 Enter any number in the edit fields and then click Check Answer 4 parts Clear A ading handise Cost of Gross Goods Sold Profit entory 14,000 Requirements x 1. Supply the missing amounts in the preceding table. 2. Prepare the income statement for the year ended December 31, 2019. for North Company, which uses the periodic inventory system. Include a complete heading, and show the full computation of cost of goods sold. North's operating expenses for the year were $14,000. Print Done Ending lerchandies Cett cee Data Table Company North Beginning Ending Net Sales Merchandise Net Cost of Merchandise Revenue Inventory Purchases Inventory 109.000 $ 24,000 $ 60,000 $ 14.000 31.000 95.000 (c) 91.000 (d) 62.000 25.000 81.000 9.500 7.000 Cost of Goods Sold Gross Profit 39.000 96.000 43.000 61.000 te) 46.000 East South West Print Done ver Clear All
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