the first one is an example to what to do with the second one
Consider the date of the following companies which is the periode Inventory Read the Net Sales Merchandise Net Cost of Merchande Cost of Gross | 1. Supply the minute in the preceding te Company Reven Purchase Inventory Good old Profit 2. Prepare the income statement for the yo ended December 31, 2018. for Red Company, which uses the periodic inventory system. Include a complete heading and $ 101.000 $ 12.000 $ 63.000 $ 2.000 10.000 $ 2,000 show Mil computation of cost of goods Reds operating expers for the year Yellow 148.000 12,000 26.000 97.000 40.000 wor $14.000 25.000 63.000 28.000 65,000 26.000 1.000 12.000 Green 20.500 7.500 14,000 Print 12.000 Done Requirement Proper comment for the year ended December 31, 2018. for Red Company, which were completed and show in Coton cost of goods sold per persone year 114.000 Red Company Income Det 101.000 Net Celf Good 1000 Net Color Phoes Cost of store Couto Goods Sold 5.000 16.000 Company Red Yellow Beglening Merchandise Nel cost of Merchandise Revenue Inventory Purchases very 5 101,000 5 63.000 18.000 31.000 c) 1000 63.000 23,000 2.000 12,000 7.500 Gross Profit 32.000 49,000 Collods Sold 97.000 65.000 el 32.000 14.000 Orange Green Operating Expenses 2.000 Consider the date of the following companies which use the periodic inventory Click the icon viewed) Rendements Requirement Supply the mig for each of the following companies Beginning Ending Net Sales Merchandise Net Cost of Merchandise Cost of Company Revenue Invertory Goods Sold $ 100.000 $ 10,000 $ 61,000 $ 14,000 Gross Profit $ 38,000 Data Table Requirements Cost of Goods Solid Beginning Net Sales Merchandise Revenge Inventory $ 101.000 5 56.000 99,000 55.000 10 81.000 8.500 Company Ash Ending Net Cost of Merchandise Purchases Inventory 1.000 $ 14.000 000 CI $3.000 26.000 5.000 1. Supply the missing amounts in the preceding table 2. Prepare the income statement for the year ended December 31, 2019, for Aah Company, which is the periodic inventory system. Include a complete heading and show the computation of cost of goods sold A's operating expenses for the year were 18.000 Gross Front 38.000 44.000 $ 91,800 14.000 Er el 51,000 Print Done Oak cal Print Done 2 Consider the data of the following compania which is the periodic inventory system Click the icon to view the data) Read the regions Requirements Requirement 1. Sepy he missing out for each of the following companies Beginning Ending Net Sales Merchandise Net Cost of Merchandise Cost of Company Revenue Inventory Purchases Inventory Goods Sold tah $ 101.000 $ 16.000 5 61,000 $ 14.000 Gross Profit 30.000 5 1. Supply the missing amounts in the preceding table 2. Prepare the income walement for the year ended December 31, 2019, for Ash Company, which uses the periodic Inventory system. Include a complete heading and show the computation of cost of goods sold Ast's operating expenses for the year were $8,000 Data Table Print Done Company Ash Beginning Net Sales Merchandise Revenue Inventory 5 101 000 $ 16.000 30.000 5000 001 61.000 3.600 Ending Net Cost of Merchandise Purchases wentory 61,000 $ 14.000 6.000 53.000 26.000 10 5.000 Cost of Goode Bold a) Profit 38.000 91.000 44.000 FY 64,000 al O 51.000 Print Done
