Question
In: Accounting
Fill in the blanks in the following separate income statements a through e.
Fill in the blanks in the following separate income statements a through e. (Amounts to be deducted should be indicated by a minus sign.)
Solutions
Expert Solution
a.Ending Inventory = 8,100+43,000- 33,700
= $(17,400)
Gross Profit = 28,300
Net Income = 16,300
B
Cost of purchases = 19,000+2,800-16,140
= $5,660
Gross Profit = 24,400
c.
Cost of goods sold = 37,000-3,100
= $33,900
Purchases = 36,200
D
Cost of goods sold = 7,100+44,000-5,500 = $45,600
Sales = 45,600+42,400
= $88,000
E
Ending Inventory = 4,320+5,100-6,700
= $(2,720)
Gross Profit = 19,300
Net Income = $11,800
ekkarill92 answered 2 years agoRelated Solutions
Fill in the blanks in the following separate income statements a through e.
Fill in the blanks in the following separate income statements a through e. (Amounts to be deducted should be indicated by a minus sign.)
Fill in the blanks in the following separate income statements a through e. (Amounts to be...
Fill in the blanks in the following separate income statements
a through e. (Amounts to be deducted
should be indicated by a minus sign.)
a
b
c
d
e
Sales
$62,000
$44,700
$53,000
$26,700
Cost of goods sold
Merchandise inventory (beginning)
8,800
16,040
6,700
7,100
4,380
Total cost of merchandise
purchases
31,000
44,000
6,400
Merchandise inventory (ending)
(2,400)
(8,000)
(7,000)
Cost of goods sold
33,770
17,000
7,500
Gross profit
5,100
49,200
Expenses
10,000
10,590
11,630
4,800
7,800
Net income (loss)...
Fill in the blanks in the following separate income statements a through e (Amounts to be...
Fill in the blanks in the following separate income statements a through e (Amounts to be deducted should be indicated by a minus sign.) Sydney accepts delivery of $22,000 of merchandise it purchases for resale from Troy: invoice dated May 11, terms 3/10, n/90, FOB shipping point. The goods cost Troy $14,740.
Fill in the blanks in the following separate income statementsa through e.
Fill in the blanks in the following separate income statementsa through e. (Amounts to be deducted
should be indicated by a minus sign.)abcdeSales$72,000$44,500$36,000$25,200Cost of goods soldMerchandise inventory (beginning)7,50016,9606,1007,0004,470Total cost of merchandise purchases58,00037,0006,800Merchandise inventory (ending)(2,100)(8,700)(6,000)Cost of goods sold33,39017,0007,800Gross profit5,90047,600Expenses22,00011,53010,0705,1006,600Net income (loss)$15,970$(4,170)$42,500
Fill in the blanks in each of the following statements
Fill in the blanks in
each of the following statementsa) --------- allows
you to build JavaFx GUIS using drag and drop techniques.b) The elements in the
scene graph are called --------------c) A(n) -----------
file contains the description of a JavaFX GUI.d) The method
---------------- is called by FMXLLoader before the GUI is
displayed
Fill in the blanks (a) through (g) for the Hendricks Company for each of the income statements for 2009, 2010 and 2011.
Fill in the blanks (a) through (g) for the Hendricks Company
for each of the income statements for 2009, 2010 and 2011.Hendricks CompanyIncome StatementsFor the years ended December 31200920102011Sales$7,500$10,000(f)Cost of goods soldMerchandise inventory (beginning)(a)375750Total cost of merchandise purchases2,4003,6254,875Merchandising inventory (ending)(b)750625Cost of goods sold2,770(d)5,000Gross profit(c)6,7505,200Operating expenses3,7503,750(g)Net income$980(e)$2,500
Fill in the blanks (a) through (g) for the Morrison Company for each of the income statements for years 1, 2, and 3
Fill in the blanks (a) through (g) for the Morrison Company for each of the income statements for years 1, 2, and 3
sales
7500
10000
(f)
cost of goods sold
(a)
375
750
Merchandise Inventory (beginning)
2400
3635
4875
Total cost of merchandise purchases
2400
3625
4875
Merchandise Inventory (ending)
(b)
750
625
Cost of Goods Sold
2770
(d)
5000
Gross profit
(c)
6750
5200
Operating Expenses
3750
3750
(g)
Net Income
980
(e)
2500
...
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for each of the following statements, fill in the blanks with an easy to check criterion:...
for
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Consider the following equilibrium and fill in the blanks with
either increase or decrease.
I2(s) + 5F2(g) ⇌
2IF5(g)
A decrease in volume results in a Blank 1 in pressure which will
Blank 2 the amount of IF5.
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