i need the gross profit. thanks! ...
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Accounting
i need the gross profit. thanks!
(b) Your answer is correct. What amount would Kingbird report as net sales in the September income statement? Net Sales $ 2,808 eTextbook and Media List of Accounts Attempts: 2 of 4 used Using multiple attempts will impact your score. 25% score reduction after attempt 3 (c) What amount would Kingbird report as gross profit in the September income statement? Gross profit $ Date Account Titles and Explanation Debit Credit it. 6 Inventory 1.752 Cash 1.752 t. 9 Inventory 73 Cash t. 10 Accounts Payable 125 Inventory it. 12 Accounts Receivable 1.296 Sales Revenue (Receivables executed for sales) NI DI DO DO DOCTORE 10 t 12 V Cost of Goods Sold B01 Inventory (Sales recorded) it 14 Sales Returns and Allowances 36 Accounts Receivable (Return entry recorded) it 14 Inventory 25 Cost of Goods Sold (Goods dispatched for sales) 20 Accounts Receivable 1.548 Sales Revenue (Receivables executed for sales) 20 V Cost of Goods Sold 1,075 Inventory 1,075 (Sales recorded)



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