Cost of Gross Sales Goods Sold Profit (Loss) Net Ending Beg Inventory Purchases Inventory Net Sales returns Sales
Cost of Gross Sales Goods Sold Profit (Loss) Net Ending Beg Inventory Purchases Inventory Net Sales returns Sales
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Cost of
Goods
Gross
Sales
Net
Beg
Net
Ending
Profit
Sales
returns
Sales
Inventory Purchases Inventory
Sold
(Loss)
5,000
80,000
24,000
130,000
38,000
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