Business
Business, 12.04.2021 17:20, amanduhhhh

Kleiner Merchandising Company Accumulated depreciation$700 Beginning inventory 14,500 Ending inventory 8,700 Expenses 2,400 Net purchases 19,100 Net sales 28,500 Krug Service Company Expenses$9,300 Revenues 33,000 Cash 800 Prepaid rent 720 Accounts payable 200 Equipment 3,100 Required: a. Compute the goods available for sale, and the cost of goods sold and gross profit for the merchandiser. Hint: Not all information may be necessary. b. Compute net income for each company.

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Kleiner Merchandising Company Accumulated depreciation$700 Beginning inventory 14,500 Ending invento...

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