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Two items are omitted in each of the following two lists of income statement data. Determine the amounts of the missing items. BIG Co. SmallCo

Two items are omitted in each of the following two lists of income statement data. Determine the amounts of the missing items. BIG Co. SmallCo Sales $ 800,000 $757,500 Sales returns & allow. 30,500 Sales discounts 10,000 Net sales 765,000 Cost of goods sold 540,000 Gross profit 300,000 150,000

accounting

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