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In: Accounting

Calculate the missing items in the following. Enter all numbers as positive values. Sales Sales Returns...

Calculate the missing items in the following. Enter all numbers as positive values.



Sales

Sales Returns and Allowances


Net Sales

Beginning Merchandise Inventory


Net Purchases

Cost of Goods Available for Sale

Ending Merchandise Inventory


Cost of Goods Sold


Gross Profit
a. $242,000   $6,000   $   $152,000   $170,000   $   $136,000         $186,000   $  
b. 304,000      297,000   134,000      404,000   176,000         228,000     
c.    10,000   628,000      416,000   486,000   89,000           

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