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Delta Company had cash sales of $112,450, credit sales of $78,925, sales returns and allowances of $3,275, and sales discounts of $4,850. Delta's net sales for this period equal: a. $191,375 b. $183,250 c. $187,125 d. $112,450 e. $78,925

Delta Company had cash sales of $112,450, credit sales of $78,925, sales returns and allowances of $3,275, and sales discounts of $4,850. Delta's net sales for this period equal: a. $191,375 b. $183,250 c. $187,125 d. $112,450 e. $78,925

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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Delta Company had cash sales of $112,450, credit sales of $78,925, sales returns and allowances of $3,275, and sales discounts of $4,850. Delta's net sales for this period equal: a. $191,375 b. $183,250 c. $187,125 d. $112,450 e. $78,925
Transcribed Image Text:Delta Company had cash sales of $112,450, credit sales of $78,925, sales returns and allowances of $3,275, and sales discounts of $4,850. Delta's net sales for this period equal: a. $191,375 b. $183,250 c. $187,125 d. $112,450 e. $78,925
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