accounting

profileMANND1975

Financial information is presented below for three different companies.

Determine the missing amounts.

  
Allen Cosmetics
 
Bast Grocery
 
Corr Wholesalers
Sales revenue $90,000  
$[removed]
(e)
 $122,000 
Sales returns and allowances 
[removed]
(a)
 5,000  12,000 
Net sales 86,000  95,000  
[removed]
(i)
Cost of goods sold 56,000  
[removed]
(f)
 
[removed]
(j)
Gross profit 
[removed]
(b)
 38,000  24,000 
Operating expenses 15,000  
[removed]
(g)
 18,000 
Income from operations 
[removed]
(c)
 
[removed]
(h)
 
[removed]
(k)
Other expenses and losses 4,000  7,000  
[removed]
(l)
Net income 
[removed]
(d)
 11,000  5,000
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