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The cost accountant for Angle's Apparel has compiled the following Information for last month's operations. Administrative costs Merchandise inventory, July 1 Merchandise inventory, July
The cost accountant for Angle's Apparel has compiled the following Information for last month's operations. Administrative costs Merchandise inventory, July 1 Merchandise inventory, July 31 Merchandise purchases Sales commissions Sales revenue Store rent Store utilities Transportation-in costs $ 72,100 26,000 28,000 627,000 42,300 938,000 14,500 3,050 4,200 Required: 1. Prepare a cost of goods sold statement. 2. Prepare an Income statement. Complete this question by entering your answers in the tabs below. COGS Stmt Income Stmt Prepare a cost of goods sold statement. ANGIE'S APPAREL Cost of Goods Sold Statement For the Month Ended July 31 Cost of goods available for sale Total cost of goods purchased Cost of goods sold COGS Stmt Income Stmt >
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