Supply the missing dollar amounts for each of the following independent cases: Cases A B C יןםן D E Sales Revenue Beginning Inventory $ 1,350 $ 1,550 1,480 1,650 Purchases 750 $ 850 750 700 1,450 1,450 1,250 1,550 Cost of Goods Available for Sale Cost of Goods Sold $ 980 850 1,300 Cost of Ending Inventory 780 950 900 Gross Profit 1,050 1,180

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter5: Accounting For Retail Businesses
Section: Chapter Questions
Problem 40E: Identify items missing in determining cost of goods sold For (a) through (e), identify the items...
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Supply the missing dollar amounts for each of the following independent cases:
Cases
A
B
C
D
E
Sales
Revenue
$ 1,350
1,550
1,480
1,650
Beginning
Inventory
$
Purchases
750 $ 1,450
850
1,450
750
700
1,250
1,550
Cost of Goods
Available for Sale
Cost of
Goods Sold
$
980
850
1,300
Cost of
Ending Inventory
780
950
900
Gross Profit
1,050
1,180
Transcribed Image Text:Supply the missing dollar amounts for each of the following independent cases: Cases A B C D E Sales Revenue $ 1,350 1,550 1,480 1,650 Beginning Inventory $ Purchases 750 $ 1,450 850 1,450 750 700 1,250 1,550 Cost of Goods Available for Sale Cost of Goods Sold $ 980 850 1,300 Cost of Ending Inventory 780 950 900 Gross Profit 1,050 1,180
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