These are three homework problems I'd like to complete and submit. I tried the basic forum and the problems were returned incorrect or incomplete.
Determining Amounts for Items Omitted from Income Statement
Two items are omitted in each of the following four lists of income statement data.
Sales |
$204,500 |
$644,600 |
$1,360,250 |
$ (g) |
Sales returns and allowances |
(a) |
32,230 |
(e) |
7,200 |
Sales discounts |
8,180 |
19,340 |
54,410 |
11,020 |
Net sales |
184,050 |
(c) |
1,197,020 |
(h) |
Cost of merchandise sold |
(b) |
354,530 |
(f) |
381,600 |
Gross profit |
73,620 |
(d) |
380,870 |
115,200 |
Determine the amounts of the missing items.