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1. A portion of the income statement for Oscar Company is shown below. Provide the missing account titles and amounts. (20) A $350,000 Sales returns

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1. A portion of the income statement for Oscar Company is shown below. Provide the missing account titles and amounts. (20") A $350,000 Sales returns and allowances . S348.000 D. Gross profit $ 90.000 Requirement 1: What A, B, C, D stand for? A $380,000 Sales discounts 20.000 Net sales Cost of goods sold C . D. S100,000 1 Requirement 2: What A, B, C, D stand for

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