A company has cash sales of $75,000, credit sales of $320,000, sales returns and allowances of $13,700,

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A company has cash sales of $75,000, credit sales of $320,000, sales returns and allowances of $13,700, and sales discounts of $6,000. Its net sales equal

a. $395,000.

b. $375,300.

c. $300,300.

d. $339,700.

e. $414,700.

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College Accounting Ch 1-14

ISBN: 9781260904314

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

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Question Posted: Jan 15, 2024 02:00 AM

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A company has cash sales of $75,000, credit sales of $320,000, sales returns and allowances of $13,700,

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College Accounting Ch 1-14

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