Harbor Goods sold 2,500 units of a product at $40 per unit during March. The company also provided sales discounts totaling $1,500 and had $2,000 in sales returns. What is the net sales revenue for March?

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 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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Can you solve this general accounting problem using accurate calculation methods?

Harbor Goods sold 2,500 units of a product at $40 per unit during
March. The company also provided sales discounts totaling $1,500
and had $2,000 in sales returns. What is the net sales revenue for
March?
Transcribed Image Text:Harbor Goods sold 2,500 units of a product at $40 per unit during March. The company also provided sales discounts totaling $1,500 and had $2,000 in sales returns. What is the net sales revenue for March?
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