he adjusted trial balance of Pharoah Company shows the following data pertaining to sales at the end of its fiscal year October 31, 2020: Sales Revenue $816,800, Freight-Out $16,700, Sales Returns and Allowances $27,100, and Sales Discounts $20,400

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The adjusted trial balance of Pharoah Company shows the following data pertaining to sales at the end of its fiscal year October 31, 2020: Sales Revenue $816,800, Freight-Out $16,700, Sales Returns and Allowances $27,100, and Sales Discounts $20,400.

PHAROAH COMPANY
Income Statement (Partial)
$
%24
Transcribed Image Text:PHAROAH COMPANY Income Statement (Partial) $ %24
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