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How to compute total sales, purchases, cost of sales & gross profit?
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Required: 1.Compute the total sales for each year, 2010,2011 & 2012. 2.Compute the total purchases for 2010,2011 & 2012. 3.Compute the total cost of sales for 2010,2011 & 2012. 4.Compute the gross profit for each year, 2010,2011 & 2012. A Company has not prepared financial statements for 3...
Recorded cash and credit card sales, $5430, plus sales tax, $325.80: total, $5755.80
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