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Fill in the missing amounts. Sales revenue Cullumber Company $118,000 (d) $ Sales returns and allowances (a) Net sales 110,000 Pharoah Company 7,800 134,000

Fill in the missing amounts. Sales revenue Cullumber Company $118,000 (d) $ Sales returns and allowances (a) Net sales 110,000 Pharoah Company 7,800 134,000

FINANCIAL ACCOUNTING
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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Fill in the missing amounts. Sales revenue Sales returns and allowances (a) Net sales Cost of goods sold Gross profit Operating expenses Net income (b) (c) Cullumber Company $118,000 (d) $ Pharoah Company 7,800 110,000 134,000 77,000 (e) 18,700 (f) 42,880 20,100
Transcribed Image Text:Fill in the missing amounts. Sales revenue Sales returns and allowances (a) Net sales Cost of goods sold Gross profit Operating expenses Net income (b) (c) Cullumber Company $118,000 (d) $ Pharoah Company 7,800 110,000 134,000 77,000 (e) 18,700 (f) 42,880 20,100
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