Sales : 36000.00
Merch Inv (beginning): 7500.00
Merch Purch: ?
Merch Inv (ending): (9000)
Cst of Good Sld: ?
Gross 3750.00Profit:
Expenses: 12150.00
Net Income (loss) (8400)
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Sales : 36000.00
Merch Inv (beginning): 7500.00
Merch Purch: ?
Merch Inv (ending): (9000)
Cst of Good Sld: ?
Gross 3750.00Profit:
Expenses: 12150.00
Net Income (loss) (8400)
Please make your own attempt, but here is a guide to help you:
1)
Sales – COGS = GP
COGS = Sales – GP
2)
Inv Beginning + Purchases – Inv Ending = COGS
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