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gnment CALCULATOR Two or more items are omitted in each of the following tabulations of...

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Accounting

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gnment CALCULATOR Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing. 2016 2017 2018 Sales revenue $290,990 $406,460 Sales returns and allowances (11,310) (13,570) Net sales 348,422 Beginning inventory 18,810 30,350 Ending inventory 261,520 (8,210) 9,340 Purchases Purchase returns and allowances Freight-in Cost of goods sold Gross profit on sales (4,790) 8,610 (231,970) 47,710 296,357 (10,760) 13,020 (292,188) 91,540 85,860

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