This question's due date has already passed. You may post a tutorial, but there's no guarantee that the original asker will purchase the tutorial. But other people might!

Question

$1.00 Accountant

  • From Business: Accounting
  • Closed, but you can still post tutorials
  • Due on Jul. 03, 2012
  • Asked on May 31, 2012 at 4:53:07PM
Asked by :
blumicab613
blumicab613 Not confirmed
Rating :No Rating
Questions Asked: 26
Tutorials Posted: 0
 
 
Q:

 
(d)  

 

 
  Sales $    
  Cost of goods sold  
      Merchandise inventory (beginning) 7,607   
      Total cost of merchandise purchases 34,764   
      Merchandise inventory (ending)

(7,232)  

      Cost of goods sold

   

  Gross profit 47,541   
  Expenses

2,600   

  Net income (loss)

$         44,941   


What is  the sales and cost of goods sold?
(e)  

 

 
  Sales $         24,995   
  Cost of goods sold  
      Merchandise inventory (beginning) 2,574   
      Total cost of merchandise purchases 9,009   
      Merchandise inventory (ending)

()  

      Cost of goods sold

8,959   

  Gross profit    
  Expenses

6,100   

  Net income (loss)

$    


What is the merchandise, gross profit and new income?
 
   
   
   
   
 
 

Available Tutorials to this Question
 
$4.00
Basic Income Statement Problems: GUARANTEED WITH DETAILED SOLUTIONS!!!
  • This tutorial hasn't been purchased yet.
  • Posted on May 31, 2012 at 5:11:55PM
Posted by :
morning
morning
Rating (926):A+
Questions Asked: 1913
Tutorials Posted: 5694,
Earned: $41,904.87
 
A:
Preview: ... the att ...

The full tutorial is about 6 words long plus attachments.

attachmentlogo

Attachments:
Basic Income Statement Problems_053112.xlsx (10K)
 
$1.00
As Discussed --- Good Luck Accountant You Can Trust !
  • This tutorial was purchased 1 time and rated A+ by students like you.
  • Posted on May 31, 2012 at 6:21:09PM
Posted by :
ruby_CpaMba
 
A:
Preview: ... 41 = 82,680 COST OF GOODS SOLD = 7607 +3 ...

The full tutorial is about 36 words long .
 
$1.00
answer
  • This tutorial hasn't been purchased yet.
  • Posted on Jun. 26, 2012 at 01:03:57AM
Posted by :
wasimkhan
wasimkhan Not confirmed
Rating :No Rating
Questions Asked: 0
Tutorials Posted: 2,
Earned: $0.00
 
A:
Preview: ... 0-35139=47541   Net profit=47541- operating expense   Net profit=47541- 2600   Net profir=44941 E,       ...

The full tutorial is about 55 words long .