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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

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

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 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
Transcribed Image Text: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
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