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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