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+ Chapter 8 Homework Question 2 of 10 > 0.5/1 E Show Attempt History Current...

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Accounting

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+ Chapter 8 Homework Question 2 of 10 > 0.5/1 E Show Attempt History Current Attempt in Progress Your answer is partially correct. Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing. 2019 2020 2021 Sales revenue $291,720 $ 361309 $406.94 Sales returns and allowances (11,810) (12,120) Net sales 279910 349.189 Beginning inventory 19,560 30,270 Ending inventory 30270 31731 i Purchases 258,540 296,63 Purchase returns and allowances (4.560) (7,710) (9,040 Freight-in 7,200 9.660 12,63 Cost of goods sold (233,850) 259029 i (294,728 Gross profit on sales 46,060 90.160 91.14 e Textbook and Media Save for Later Attempts: 1 4 used Submit

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