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toning Enabled: Exam 2 Acet 20 009 Use the following information in random order from...

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Accounting

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toning Enabled: Exam 2 Acet 20 009 Use the following information in random order from a merchandising company and from a service comper Merchant Com Accumulated depreciation 570 Benin Inventory 5.500 Ending Inventory 2.1 Expenses 1. Net purchases 5. 12.500 Kue Service Commy $ 3,80 Revenues 17.00 Cach 750 Prepaid rent 820 Accounts payable 200 Louit 1.6 a. Compute the goods available for sale, the cost of goods sold and gross profit for the merchandiser Hint Nota information may be necessary b. Compute net income for each company a. Goods available for a. Cont of goods sold a. Gross profit b. Net income for Krug Servion Company b. Net income for McNel Merchandising Company

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