Help me please I am at a loss?

Calculating revenues, expenses, and income C1 C4 Fill in the blanks in the following separate income statements a through e. Identify any negative amount by putting it in parentheses. a b c d e Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $60,000 $42,500 $36,000 $ ? $23,600 Cost of goods sold Merchandise inventory (beginning) . . . . . . . . . . 6,000 17,050 7,500 7,000 2,560 Total cost of merchandise purchases . . . . . . . 36,000 ? ? 32,000 5,600 Merchandise inventory (ending) . . . . . . . . . . . . ? (2,700) (9,000) (6,600) ? Cost of goods sold . . . . . . . . . . . . . . . . . . . . . 34,050 15,900 ? ? 5,600 Gross profit . . . . . . . . . . . . . . . . . . . . . . . . . . . ? ? 3,750 45,600 ? Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000 10,650 12,150 2,600 6,000 Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . $ ? $15,950 $ (8,400) $43,000 $ ?

7 months ago - 0 answers