Bluewater Corporation reported total sales revenue of $350,000, sales discounts of $8,400, and sales returns of $12,600. What is Bluewater Corporation's net sales revenue? a) $337,400 b) $329,000 c) $341,600 d) $350,000

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...
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Bluewater Corporation reported total sales revenue of $350,000, sales
discounts of $8,400, and sales returns of $12,600. What is Bluewater
Corporation's net sales revenue?
a) $337,400
b) $329,000
c) $341,600
d) $350,000
Transcribed Image Text:Bluewater Corporation reported total sales revenue of $350,000, sales discounts of $8,400, and sales returns of $12,600. What is Bluewater Corporation's net sales revenue? a) $337,400 b) $329,000 c) $341,600 d) $350,000
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