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UNIMART Partial Income Statement For Year Ended December 31, 2015 Cost of goods sold: Merchandise inventory, December 31, 2014 $241,000 Add: Merchandise purchases $450,000 Goods
UNIMART
Partial Income Statement
For Year Ended December 31, 2015
Cost of goods sold: | |
Merchandise inventory, December 31, 2014 | $241,000 |
Add: Merchandise purchases | $450,000 |
Goods available for sale | $691,000 |
Less: Merchandise inventory, December 31, 2015 | ($141,000) |
Cost of goods sold | $550,000 |
PRECISION MANUFACTURING
Partial Income Statement
For Year Ended December 31, 2015
Cost of goods sold: | |
Finished goods inventory, December 31, 2014 | $482,000 |
Add: Cost of goods manufactured | $930,000 |
Goods available for sale | $1,412,000 |
Less: Finished goods inventory, December 31, 2015 | ($135,000) |
Cost of goods sold | $1,277,000 |
Manufacturing Business: PRECISION MANUFACTURING Partial Income Statement For Year Ended December 31, 2015 Cost of goods sold Goods available for sale Cost of goods sold S 0
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