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A COMPANY HAD CASH SALES OF $54,650, CREDIT SALES OF $39,320, SALE RETURNS AND ALLOWANCES OF $8,220, AND SALES DISCOUNTS OF $5,200. WHAT IS COMPANY'S NET SALES FOR THIS PERIOD? THE

A COMPANY HAD CASH SALES OF $54,650, CREDIT SALES OF $39,320, SALE RETURNS AND ALLOWANCES OF $8,220, AND SALES DISCOUNTS OF $5,200. WHAT IS COMPANY'S NET SALES FOR THIS PERIOD? THE

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 22Q: The following is select account information for August Sundries. Sales: $850,360; Sales Returns and...
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A COMPANY HAD CASH SALES OF $54,650, CREDIT SALES OF $39,320, SALE RETURNS AND ALLOWANCES OF $8,220, AND SALES DISCOUNTS OF $5,200. WHAT IS COMPANY'S NET SALES FOR THIS PERIOD? THE
Transcribed Image Text:A COMPANY HAD CASH SALES OF $54,650, CREDIT SALES OF $39,320, SALE RETURNS AND ALLOWANCES OF $8,220, AND SALES DISCOUNTS OF $5,200. WHAT IS COMPANY'S NET SALES FOR THIS PERIOD? THE
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