6 Safari File Edit View History Bookmarks Window Help 9 L2 4;" 27%|El- Thu11:O7PM Q 6 EE v 1 O O O lt; 1 gt; El] Enewconneettmheducationtcom 1 .31...

I cannot figure my mistake for this question: Merchandise inventory (ending)

6 Safari File Edit View History Bookmarks Window Help 9 L2 4;“ 27%|El- Thu11:O7PM Q 6 EE v 1 O O O < 1 > El] Enewconneettmheducationtcom £1 .31 heck my work mode T 5 shows what correct or correct for the work you have completed so far It does not nd Cate complet n Return to question Exercise 4-1 Computing revenues, expenses, and income LO C1 25 Using your accounting knowledge. find the missing amounts in the following separate income statements (Amounts to be deductedpoints should be indicated by a minus sign.) 6 Answer is oomplehe but not entirely correct. Sales 6 62.000 6 43.500 6 46.000 $ 79.000 0 6 25.600 Cost of goods soldMerchandise inventory (beginning) 8000 17.050 7.500 8.000 4.560Total cosl of merchandise purchases 30.000 1.950 0 43.750 9 32.000 6.600Merchandise inventory (ending) 1.100 a (3,000) (9.000) (6.600) 1.100 6Cost or goods sold 34.050 16.000 42.250 0 33.400 0 7.000 Gross profit 21.950 9 27.500 0 3.750 45.600 18.600 0 Expenses 10.000 10.650 12.150 3.600 6.000 N oome (loss) 17.950 9 $ 16.850 $ (8.400) 42.000 12.600 0 M: 5'3“ Prev 1 of 4 Next )