Financial information is presented below for three differentcompanies:E9-6Liz'sMonroeAlliedWholesalersGrocery(c)P 6,000CosmeticsSalesSales returnsP90,000(a)P144,00012,000132,00044,000(e)Net sales74,00094,000(d)Beg. InventoryPurchasesPurchase returns14,00088,000100,0008,00030,000(f)6,00010,00050,00072,00022,000(b)Ending inventoryCost of goods soldGross profit64,00010,00024,000Required: Determine the missing accounts. Show all your computations in goodform.

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Description: Financial information is presented below for three differentcompanies:E9-6Liz'sMonroeAlliedWholesalersGrocery(c)P 6,000CosmeticsSalesSales returnsP90,000(a)P144,00012,000132,00044,000(e)Net sales74,00094,000(d)Beg. InventoryPurchasesPurchase returns

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Business

Accounting

Financial information is presented below for three different companies: E9-6 Liz's Monroe Allied Grocery (c) P 6,000 94,000 (d) 100,000 10,000 50,000 Wholesalers P144,000 12,000 132,000 44,000 (e) Cosmetics Sales Sales returns Net sales P90,000 (a) 74,000 14,000 Beg. Inventory Purchases Purchase returns 88,000 6,000 (b) 8,000 30,000 Ending inventory

Financial information is presented below for three different companies: E9-6 Liz's Monroe Allied Grocery (c) P 6,000 94,000 (d) 100,000 10,000 50,000 Wholesalers P144,000 12,000 132,000 44,000 (e) Cosmetics Sales Sales returns Net sales P90,000 (a) 74,000 14,000 Beg. Inventory Purchases Purchase returns 88,000 6,000 (b) 8,000 30,000 Ending inventory

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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