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The trial balance of Carla Vista Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $20,900; Purchases $178,000; Sales

The trial balance of Carla Vista Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $20,900; Purchases $178,000; Sales Revenue $229,000; Freight-In $5,900; Sales Discounts $4,100; Sales Returns and Allowances $4,700; Freight-Out $2,400; Purchase Discounts $3,800 and Purchase Returns and Allowances $3,300. The ending Inventory is $28,146.
Computer Carla Vista's gross profit and gross profit rate. image text in transcribed
The trial balance of Carla Vista Company at the end of its fiscal year, August 31,2022 , includes these accounts: Inventory $20,900; Purchases $178,000; Sales Revenue $229,000; Freight- In $5,900; Sales Discounts $4,100; Sales Returns and Allowances $4,700; Freight-Out $2,400; Purchase Discounts $3,800 and Purchase Returns and Allowances $3,300. The ending Inventory is $28,146

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