E7-3 supply the missing dollars amounts for the income statement of

Supply the missing dollars amounts for the income statement of clarks retailers for each of the following independent cases:

E7-3 CLARKS RETAILERS

Inferring Missing Amounts Based on Income Statement Relationships

Sales
Beginning

Ending
Cost of

Selling and
Income from

Cases
Revenue
Inventory
Purchases
Total Available
Inventory
Goods Sold
Gross Profit
General expenses
Operations

A
$800
$100
$700

$500

$200.00

B
$900
$200
$700

$150.00

C

$150

$200
$200
$400
$150.00

D
$800

$600

$300

$250.00
$100.00

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