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?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....

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Question

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?

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