Give the solution in each letter:a. How much is the total net revenue?b. How much is the total net profit from the operation?c. How much is the total gross profit?d. How much is ?the total cost of goods sold Statement of Comprehensive IncomeParticularsAmountNet Sales6,58,000Less: Cost of goods soldBeginning InventoryAdd: PurchasesAdd: Freight inLess: Purchase Returns & AllowancesLess: Purchase DiscountLess: Ending InventoryGross ProfitLess: ExpensesSelling ExpensesGeneral ExpensesSalaries ExpensesRent ExpenseNet profit from Operation1,00,0006,98,0003,000-10,000-3,400-2,71,4005,16,2001,41,8004,00012,00020,0004,00040,0001,01,800

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Give the solution in each letter: a. How much is the total net revenue? b. How much is the total net profit from the operation? c. How much is the total gross profit?

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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Give the solution in each letter:

a. How much is the total net revenue?

b. How much is the total net profit from the operation?

c. How much is the total gross profit?

d. How much is ?the total

cost of goods sold

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