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what is the correct answer for the value with the red x? thank you! Fill in the blanks in the following separate income statements a
what is the correct answer for the value with the red x? thank you!
Fill in the blanks in the following separate income statements a through e. (Amounts to be deducted should be indicated by a minus sign.) Answer is complete but not entirely correct. $ 62,000 $ 43,500 $ 46,000 $ 79,000 $ 25,600 8,000 17,050 7.500 8,000 4,560 38,000 43.750 32.000 6,600 Sales Cost of goods sold Merchandise inventory (beginning Total cost of merchandise purchases Merchandise inventory (ending) Cost of goods sold Gross profit Expenses Net Income (loss) (11,950) 34.050 27.950 10.000 17,950 1.950 (3.000) 16.000 27,500 10.650 16.850 19.000) 42.250 3.750 12.150 (8.400) (6.600) 33.400 45,600 3.600 42.000 4,160 7.000 18,600 6.000 12.600 $ $ $ S Step by Step Solution
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