Two items are omitted in each of the following two lists of income statement data....
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Accounting
Two items are omitted in each of the following two lists of income statement data. Determine the amounts of the missing items. BIG Co. SmallCo Sales $ 800,000 $757,500 Sales returns & allow. 30,500 Sales discounts 10,000 Net sales 765,000 Cost of goods sold 540,000 Gross profit 300,000 150,000
accounting
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