Using the following information, what is the amount of gross profit?
Purchases $37,000
Merch...
Business, 19.07.2021 23:10 antoniocapetillo80
Using the following information, what is the amount of gross profit?
Purchases $37,000
Merchandise inventory, September 1 6,100
Selling expense 1,050
Merchandise inventory, September 30 6,800
Sales 91,000
Interest expense 1,040
Administrative expense 1,010
Rent revenue 1,700
Answers: 3
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