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This Consider the following partially completed income statements for merchandising companies and compute the main amounts (Click the icon to view the Income Stomers) Data
This Consider the following partially completed income statements for merchandising companies and compute the main amounts (Click the icon to view the Income Stomers) Data Table Fit Apparel 90,000 Rustem 5 $ 20,000 12.000 Nel Bal Revenue Cost of Goods Sold Beginning Merchandise Inventory Purchases and Freight in Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses (1,000) 58.000 91.000 (1.000) 41 000 Ft Apparel Rustice Net Sales Revenue $ 95,000 51 Cost of Goods Sold Beginning Merchandise Inventory al 29,000 Purchases and Freight in 12.000 (0) Cost of Goods Available for Sale 30.000 Ending Merchandise Inventory (1,000) (1.000 Cost of Goods Sold 58.000 Gross Profit 41.000 111.000 Selling and Administrative Expenses fel 86.000 5 11.000 so Operating Income 111,000 36.000 Operating income 5 11,000 Print Done er any number in the edit fields and then continue to the next
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