Beginning Inventory Sales Revenue Cost of Goods Available for Sale Cost of Goods Sold Cost of Cases Purchases Gross Profit Ending Inventory 540 $ 900 $ 300$ 760$ 1,000 $ 1,300 $ 360 1,100 400 1,000 1,400 340 C 1,000 300 400 500 600 1,040 800 850 450 190 1,350 1,200 250 1,100 740

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 each of the following independent cases:

Beginning
Inventory
Sales
Revenue
Cost of Goods
Available for Sale
Cost of
Goods Sold
Cost of
Cases
Purchases
Gross Profit
Ending Inventory
540 $
900 $
300$
760$
1,000 $
1,300 $
360
1,100
400
1,000
1,400
340
C
1,000
300
400
500
600
1,040
800
850
450
190
1,350
1,200
250
1,100
740
Transcribed Image Text:Beginning Inventory Sales Revenue Cost of Goods Available for Sale Cost of Goods Sold Cost of Cases Purchases Gross Profit Ending Inventory 540 $ 900 $ 300$ 760$ 1,000 $ 1,300 $ 360 1,100 400 1,000 1,400 340 C 1,000 300 400 500 600 1,040 800 850 450 190 1,350 1,200 250 1,100 740
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