Calculate the missing amounts (for company c the number 19100 replace it with 119100 to calculate and solve)Please avoid solution image based thanx Financial information is provided for three different businesses:Sales.........Sales returns and allowances.........Net sales............Cost of goods sold.........Gross profit.............Operating expenses.....Profit from operations............Other income..........Profit...........InstructionsCompany A Company B Company C$45,000$18,200i.350a.b.17,650. 10,000C.d.$8,150e.18,09510,100f. 61,1005,000g.1,2001,20019,100h.k.1.3,500$16,000

INCOME STATEMENTIncome Statement is one of the Important Financial Statement of the Company. Income…

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Accounting

Calculate the missing amounts (for company c the number 19100 replace it with 119100 to calculate and solve)

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

Calculate the missing amounts (for company c the number 19100 replace it with 119100 to calculate and solve)

Please avoid solution image based thanx

Financial information is provided for three different businesses:
Sales.........
Sales returns and allowances.........
Net sales............
Cost of goods sold.........
Gross profit.............
Operating expenses.....
Profit from operations............
Other income..........
Profit...........
Instructions
Company A Company B Company C
$45,000
$18,200
i.
350
a.
b.
17,650
. 10,000
C.
d.
$8,150
e.
18,095
10,100
f. 61,100
5,000
g.
1,200
1,200
19,100
h.
k.
1.
3,500
$16,000

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