Question
30. The company recorded a net loss of P205,000 for the year just ended. Total operating expenses was P3,786,000, cost of sales was P1,831,300, and
30. The company recorded a net loss of P205,000 for the year just ended. Total operating expenses was P3,786,000, cost of sales was P1,831,300, and sales discount was P90,890. How much is the gross sales that the company generated during the year?
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
