Beginning Inventory Sales Revenue Cost of Goods Available for Sale Cost of Goods Sold Cost of Cases Purchases Gross Profit Ending Inventory 540 $ 900 $ 300$ 760$ 1,000 $ 1,300 $ 360 1,100 400 1,000 1,400 340 C 1,000 300 400 500 600 1,040 800 850 450 190 1,350 1,200 250 1,100 740

Beginning Inventory Sales Revenue Cost of Goods Available for Sale Cost of Goods Sold Cost of Cases Purchases Gross Profit Ending Inventory 540 $ 900 $ 300$ 760$ 1,000 $ 1,300 $ 360 1,100 400 1,000 1,400 340 C 1,000 300 400 500 600 1,040 800 850 450 190 1,350 1,200 250 1,100 740

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

100%

Supply the missing dollar amounts for each of the following independent cases:

Beginning
Inventory
Sales
Revenue
Cost of Goods
Available for Sale
Cost of
Goods Sold
Cost of
Cases
Purchases
Gross Profit
Ending Inventory
540 $
900 $
300$
760$
1,000 $
1,300 $
360
1,100
400
1,000
1,400
340
C
1,000
300
400
500
600
1,040
800
850
450
190
1,350
1,200
250
1,100
740

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