E9-9 Required: Determine the missing amounts. Cost of Gross Goods Profit (Loss) Sales Net Beg Net Ending Sales returns Sales Inventory Purchases Inventory Sold 5,000 80,000 24,000 130,000 38,000 2 126,000 6,000 48,000 145,000 46,500

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter13: Accounting For Merchandise Inventory
Section: Chapter Questions
Problem 3TF: LO2 Under the perpetual system of accounting for inventory, the current merchandise inventory and...
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Determine the missing accounts

 

12,300
196,000
179,500 431,700 95,000
7
15,100 666,900
390,000
112,100 363,900
8 714,000
78,000
284,000
233,500 464,000
9.
133,000
183,200
857,000
839,800
542,000
10
19,500 908,500
222,000
74,000 245,500
Transcribed Image Text:12,300 196,000 179,500 431,700 95,000 7 15,100 666,900 390,000 112,100 363,900 8 714,000 78,000 284,000 233,500 464,000 9. 133,000 183,200 857,000 839,800 542,000 10 19,500 908,500 222,000 74,000 245,500
E9-9
Required: Determine the missing amounts.
Cost of Gross
Sales
Net
Ending
Goods
Profit
Beg
returns Sales Inventory Purchases Inventory
Net
Sales
Sold
(Loss)
1
5,000
80,000
24,000
130,000
38,000
2 126,000
6,000
48,000
145,000
46,500
3
7,200 264,800
167,000
62,800 186,200
4 345,000
8,600
114,000
141,000 179,000
5 468,000
458,800
155,000
270,000
228,000
Transcribed Image Text:E9-9 Required: Determine the missing amounts. Cost of Gross Sales Net Ending Goods Profit Beg returns Sales Inventory Purchases Inventory Net Sales Sold (Loss) 1 5,000 80,000 24,000 130,000 38,000 2 126,000 6,000 48,000 145,000 46,500 3 7,200 264,800 167,000 62,800 186,200 4 345,000 8,600 114,000 141,000 179,000 5 468,000 458,800 155,000 270,000 228,000
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