The following amounts are on the Bear Sporting Goods worksheet for the month ended October 31. Required: Calculate the following:
a)Net sales
b)Net purchases
c)Net cost of purchases
d)Cost of goods available for sale
e)Cost of goods sold
f)Gross profit

Question

Quizplus · Accepted Answer

The Answer of The following amounts are on the Bear Sporting Goods worksheet for the month ended October 31. Required: Calculate the following:
a)Net sales
b)Net purchases
c)Net cost of purchases
d)Cost of goods available for sale
e)Cost of goods sold
f)Gross profit

The Following Amounts Are on the Bear Sporting Goods Worksheet