Consider the following incomplete table of a merchandiser's profit data. Calculate the missing amounts to complete the table.(Click the icon to view the data.)Sales$90,000 $104,000 $65,600Sales Returns and Allowances9201,610840Sales Discounts6308004702,060Net Sales88,45099,700Cost of Goods Sold60,70040,60076,800Gross Profit34,00034,900 ple of a merchandiser's profit data. Calculate the missing amounts to complete the table.90,000 $10- XData Table92063088,4509Sales$490,000 $104,000 $65,600(f)60,700Sales Returns and Allowances920(b)1,6108403Sales Discounts6308004702,060Net Sales88,45099,700(d)(g)Cost of Goods Sold60,700(c)40,60076,800Gross Profit(а)34,000e)34,900PrintDonend then continue to the next question.

Different given values are to be used to find the required data.

Data Table Sales 24 90,000 S 104,000 $ 65,600 (f) Sales Returns and Allowances 920 (b) 1,610 840 Sales Discounts 630 800 470 2,060 Net Sales 88,450 99,700 (d) (g) Cost of Goods Sold 60,700 (c) 40,600 76,800 Gross Profit (a) 34,000 (e) 34,900 Drint Done

Data Table Sales 24 90,000 S 104,000 $ 65,600 (f) Sales Returns and Allowances 920 (b) 1,610 840 Sales Discounts 630 800 470 2,060 Net Sales 88,450 99,700 (d) (g) Cost of Goods Sold 60,700 (c) 40,600 76,800 Gross Profit (a) 34,000 (e) 34,900 Drint Done

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter9: Sales And Purchases

Section: Chapter Questions

Problem 3E: Record the following transactions in general journal form. a. Sold merchandise on account to A....

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Question

Consider the following incomplete table of a merchandiser's profit data. Calculate the missing amounts to complete the table.
(Click the icon to view the data.)
Sales
$
90,000 $
104,000 $
65,600
Sales Returns and Allowances
920
1,610
840
Sales Discounts
630
800
470
2,060
Net Sales
88,450
99,700
Cost of Goods Sold
60,700
40,600
76,800
Gross Profit
34,000
34,900

ple of a merchandiser's profit data. Calculate the missing amounts to complete the table.
90,000 $
10
- X
Data Table
920
630
88,450
9
Sales
$4
90,000 $
104,000 $
65,600
(f)
60,700
Sales Returns and Allowances
920
(b)
1,610
840
3
Sales Discounts
630
800
470
2,060
Net Sales
88,450
99,700
(d)
(g)
Cost of Goods Sold
60,700
(c)
40,600
76,800
Gross Profit
(а)
34,000
e)
34,900
Print
Done
nd then continue to the next question.

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