Question
A company reports the following amounts at the end of the year: Total sales revenue = $590,000; sales discounts = $13,000; sales returns = $31,000;
A company reports the following amounts at the end of the year: Total sales revenue = $590,000; sales discounts = $13,000; sales returns = $31,000; sales allowances = $26,000.Compute net revenues.
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Contemporary Auditing Real Issues And Cases
Authors: Michael C. Knapp, Loreen Knapp
4th Edition
0324048610, 9780324048612
