Case A Case B Case C 8,600 $ Sales Revenues, gross $ 6,480 Sales Returns and Allowances 210 305 Net Sales 6,040 4,290 Cost of Goods Sold 6,050 5,460 1,510 Gross Profit EA

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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Supply the missing dollar amounts for the income statement of Williamson Company for each of the following independent cases:

Case A
Case B
Case C
8,600 $
Sales Revenues, gross
$
6,480
Sales Returns and Allowances
210
305
Net Sales
6,040
4,290
Cost of Goods Sold
6,050
5,460
1,510
Gross Profit
EA
Transcribed Image Text:Case A Case B Case C 8,600 $ Sales Revenues, gross $ 6,480 Sales Returns and Allowances 210 305 Net Sales 6,040 4,290 Cost of Goods Sold 6,050 5,460 1,510 Gross Profit EA
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