A company reported the following information for the month of November: Sales Sales discounts $50,475 235 Sales returns and allowances 2,840 Cost of goods sold 33,975 Calculate this company's gross margin ratio.

Fitbands estimated sales are: What are the balances in accounts receivable for January, February, and March if 65% of sales is collected in the month of sale, 25% is collected the month after the sale, and 10% is second month after the sale?

A company reported the following information for the month of November: please provide answer the general accounting

Vaughn Company reported the following balances at June 30, 2022:Sales RevenueSales Returns andAllowancesSales DiscountsCost of Goods Sold$164007002907500 Net sales for the month is $ 16400. $7910. $15700. $15410.

A company reported the following information for the month of July: Net sales $ 57,500 Cost of goods sold 33,200 Required: Calculate this company's gross margin ratio.

Wright & Boyle Inc. had the following income statement for the month of May: Sales revenue $470,800.00 Cost of goods sold 217,766.40 Gross margin $253,033.60 Less:   Selling expenses 86,199.20 Administrative expenses 74,942.80 Operating income $91,891.60 What was the selling expense percent?

Based on the information that follows: Sales $86,900 Sales Returns and Allowances 2,200 Sales Discounts 1,738   Required:   Prepare the revenue section of a multiple-step income statement.

posting in account

Blossom Company provides the following information for the month ended October 31, 2022: sales on credit $280,100, cash sales $100,100, sales discounts $5,100, and sales returns and allowances $10,100.Prepare the sales section of the income statement based on this information. BLOSSOM COMPANYIncome Statement (Partial)choose the accounting period                                                           For the Year Ended October 31, 2022For the Month Ended October 31, 2022October 31, 2022 select an opening section name                                                           DrawingsExpensesNet Income / (Loss)SalesTotal ExpensesTotal RevenuesNet SalesOwner's Capital, October 1Owner's Capital, October 31Cost of Goods SoldGross Profit         select an item       $enter a dollar amount  select between addition and deduction                                                           AddLess:            select an item     $enter a dollar amount      select an…

Sheridan Company provides the following information for the month ended October 31, 2022: sales on credit $366,100, cash sales $108,300, sales discounts $5,100, and sales returns and allowances $12,900.Prepare the sales section of the income statement based on this information.