FILL - UP THE MISSING AMOUNTS: Sales CGS GP 40% Expenses 421,800 Net Profit 58,200 INSTRUCTIONS: DO NOT USE PESO SIGN AND COMMA IN ENCODING YOUR ANSWERS. IF YOUR ANSWER IS NEGATIVE, ENCODE IT AS (90000), NO COMMA, ALL ANSWERS ARE IN WHOLE AMOUNT, NO CENTS.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Fill in the blanks:
FILL - UP THE MISSING AMOUNTSS:
Sales
CGS
GP
40%
Еxpenses
421,800
Net Profit
58,200
INSTRUCTIONS: DO NOT USE PESO SIGN AND COMMA IN ENCODING YOUR ANSWERS. IF YOUR ANSWER IS
NEGATIVE, ENCODE IT AS (90000), NO COMMA. ALL ANSWERS ARE IN WHOLE AMOUNT, NO CENTS.
Transcribed Image Text:Fill in the blanks: FILL - UP THE MISSING AMOUNTSS: Sales CGS GP 40% Еxpenses 421,800 Net Profit 58,200 INSTRUCTIONS: DO NOT USE PESO SIGN AND COMMA IN ENCODING YOUR ANSWERS. IF YOUR ANSWER IS NEGATIVE, ENCODE IT AS (90000), NO COMMA. ALL ANSWERS ARE IN WHOLE AMOUNT, NO CENTS.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Risk Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education