Sunway Corporation reported total sales revenue of $200,000, sales discounts of $5,200, and sales returns of $6,800. What is Sunway Corporation's net sales revenue? a) $188,000 b) $194,800 c) $200,000 d) $193,200

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 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...
icon
Related questions
Question
100%

I want to correct answer general accounting question

Sunway Corporation reported total sales revenue of $200,000, sales
discounts of $5,200, and sales returns of $6,800. What is Sunway
Corporation's net sales revenue?
a) $188,000
b) $194,800
c) $200,000
d) $193,200
Transcribed Image Text:Sunway Corporation reported total sales revenue of $200,000, sales discounts of $5,200, and sales returns of $6,800. What is Sunway Corporation's net sales revenue? a) $188,000 b) $194,800 c) $200,000 d) $193,200
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning