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PK Electronics had the following partial list of account balances at year-end: Account Amount Sales Returns and Allowances $1,500 Accounts Receivable $42,000 Sales Discounts $2,400 Sales Revenue $98,000 Allowance for Doubtful Accounts $1,600 How much is net sales revenue?

PK Electronics had the following partial list of account balances at year-end: Account Amount Sales Returns and Allowances $1,500 Accounts Receivable $42,000 Sales Discounts $2,400 Sales Revenue $98,000 Allowance for Doubtful Accounts $1,600 How much is net sales revenue?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Accounts receivable:42000, sales discount:2400

PK Electronics had the following partial list of account balances at year-end: Account Amount Sales Returns and Allowances $1,500 Accounts Receivable $42,000 Sales Discounts $2,400 Sales Revenue $98,000 Allowance for Doubtful Accounts $1,600 How much is net sales revenue?
Transcribed Image Text:PK Electronics had the following partial list of account balances at year-end: Account Amount Sales Returns and Allowances $1,500 Accounts Receivable $42,000 Sales Discounts $2,400 Sales Revenue $98,000 Allowance for Doubtful Accounts $1,600 How much is net sales revenue?
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