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1 3 . Raven Company had the following account balances; Sales revenue : $1,000 Sales returns and Allowances: $2,400 Sales Discounts: $2,400 Bad Debts: $400
13. Raven Company had the following account balances;
Sales revenue : $1,000
Sales returns and Allowances: $2,400
Sales Discounts: $2,400
Bad Debts: $400
Given these balances, what is the amount of net sales to be reported on the comprehensive income statement?
a. $100,000 b. $98,000 c. $95,600 d. $95,200.
13. Raven Company had the following account balances;
Sales revenue : $1,000
Sales returns and Allowances: $2,400
Sales Discounts: $2,400
Bad Debts: $400
Given these balances, what is the amount of net sales to be reported on the comprehensive income statement?
a. $100,000
b. $98,000
c. $95,600
d. $95,200.
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