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Sales Beginning Inventory Purchases Ending Inventory Cost of Goods Sold Gross Pro

Sales

Beginning

Inventory

Purchases

Ending

Inventory

Cost of

Goods Sold

Gross

Profit

Expense

Net Income

Or Net Loss

f)

16

20

12

g)

16

h)

-2

 

f) ________________

g) ________________

h) ________________

103)

Sales

Beginning

Inventory

Purchases

Ending

Inventory

Cost of

Goods Sold

Gross

Profit

Expense

Net Income

Or Net Loss

32

i)

20

14

j)

12

k)

4

 

i)  ________________

j)   ________________

k) ________________

104) Indicate the normal balance of each of the following accounts:

a. Purchases Returns and Allowances

b. Merchandise Inventory (beginning of the period)

c. Freight-In

d. Payroll Tax Expense

e. Purchases Discount

f. Sales Discount

g. Canada Pension Plan Payable

h. Unearned Revenue

Dec 07 2019 Read more Less More

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