ACC 225 Week 5 CheckPoint Spreadsheets

ACC 225 Week 5 CheckPoint Spreadsheets - Sales Costs of...

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A B C D E Sales $60,000.00 $42,500.00 $36,000.00 $78,000.00 $23,600.00 Costs of goods sold Merchandising inventory (beginning) $6,000.00 $17,050.00 $7,500.00 $7,000.00 $2,560.00 Total cost of merchandise purchases $36,000.00 $1,550.00 $33,750.00 $32,000.00 $5,600.00 Merchandising inventory (ending) $(7,950.00) $(2,700.00) $(9,000.00) $(6,600.00) $(2,560.00) Costs of goods sold $34,050.00 $15,900.00 $32,250.00 $32,400.00 $5,600.00 Gross profit $25,950.00 $26,600.00 $3,750.00 $45,600.00 $18,000.00 Expenses $9,000.00 $10,650.00 $12,150.00 $2,600.00 $6,000.00 Net Income (loss) $16,950.00 $15,950.00 $(8,400.00) $43,000.00 $12,000.00
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A B C D E Sales $60,000.00 $42,500.00 $36,000.00 $78,000.00 $23,600.00 Costs of goods sold Merchandising inventory (beginning) $6,000.00 $17,050.00 $7,500.00 $7,000.00 $2,560.00 Total cost of merchandise purchases $36,000.00 $1,550.00 $33,750.00 $32,000.00 $5,600.00 Merchandising inventory (ending) $(7,950.00) $(2,700.00) $(9,000.00) $(6,600.00) $(2,560.00) Costs of goods sold $34,050.00 $15,900.00 $32,250.00 $32,400.00 $5,600.00 Gross profit $25,950.00 $26,600.00
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  • Spring '10
  • unknown
  • Generally Accepted Accounting Principles, Gross profit Expenses, merchandise purchases Merchandising, purchases Merchandising inventory, Nov Account Titles

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