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Fill in the blanks in the following separate income statements a through e (Amounts to...

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Accounting

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Fill in the blanks in the following separate income statements a through e (Amounts to be deducted should be indicated by a minus sign.) d b $ 72,000 $ 44,500 $ 36,000 S 25 2001 7,500 58.000 Sales Cost of goods sold Marchandise Inventory (beginning) Total cost of merchandise purchases Merchandise Inventory (ending) Cost of goods sold Gross profit Expenses Net Income (los) 4,470 6.800 33,390 16,960 6.100 7.000 37,000 (2.100 (8.700) (6.000) 17 000 5,900 47.600 11,530 10,070 5,100 S 15,970 $ (4.170) S 42.500 7.800 22,000 6,600 ELULUS Tor these three transactions View transaction list Journal entry worksheet 2 3 Sydney accepts delivery of $22,000 of merchandise it purchases for resale from Troy: invoice dated May 11, terms 3/10, n/90, FOB shipping point. The goods cost Troy $14,740. Note: Enter debits before credits Date General Journal Debit Credit May 11 Record entry Clear entry View general journal Required 2 >

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