FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Determining Amounts for Items Omitted from Income Statement

An item has been omitted in each of the following four lists of income statement data. Determine the missing amount.

    Chase Company Jessup Inc. Osterman Company Snyder Co.
Sales   $480,200 $fill in the blank 1 $1,157,000 $fill in the blank 2
Cost of goods sold $fill in the blank 3 $416,800 $fill in the blank 4 $418,200
Gross profit   $81,000 $284,000 $285,100 $278,700
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