Get correct answer for this accounting question Alpha Company had cash sales of $94,575, creditsales of $83,750, sales returns and allowances of$2,000, and sales discounts of $3,625. Alpha's netsales for this period equal:a. $178,325b. $172,700c. $94,575d. $176,325e. $174,700

Step 1: Define Total SalesA company's total sales equals the sum of the cash sales and credit sales.…

Answered: Alpha Company had cash sales of…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 19Q: The following is select account information for Sunrise Motors. Sales: $256,400; Sales Returns and...

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Alpha Company had cash sales of $94,575, credit sales of $83,750, sales returns and allowances of $2,000, and sales discounts of $3,625. Alpha's net sales for this period equal: a. $178,325 b. $172,700 c. $94,575 d. $176,325 e. $174,700