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1& Find & Fiber-Select- Clear Styles Ces Editing MyEducator Tasks Expense Analyze Tasks Data Analysis MyEducator (36) Gross sales for the year were $100,000.
1& Find & Fiber-Select- Clear Styles Ces Editing MyEducator Tasks Expense Analyze Tasks Data Analysis MyEducator (36) Gross sales for the year were $100,000. During the year, sales discounts of $2,000 were recorded. In addition, sales returns and allowances for $7,000 were recorded. The total amount of cash collected from customers during the year was $88,000. Many accounts remain uncollected at the end of the year. What is the amount of net sales to be reported for the year? 91,000 O 93,000 O 95,000 O 98,000 37) On March 23, goods were sold for $10,000. Cash of $8,000 s received. and the $2,000 remainder was on account. The customer returned the goods before paying any of the remaining $2,000 on account. 2 Which debit or credit should be included in the journal entry on the seller's books to record the return of the goods? Media made resy Beats Audio 100% 539PM 52F Sunny 1/27/2022
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