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At the end of the year Stan Still Stationery Store had the following balances: Sales $710,000; Sales Discounts $2,660; Sales Returns and Allowances $15,800; Sales

At the end of the year Stan Still Stationery Store had the following balances: Sales $710,000; Sales Discounts $2,660; Sales Returns and Allowances $15,800; Sales Salaries Expense $77,000. The Net Sales for the year are:

Multiple Choice

  • $691,540
  • $614,540
  • $694,200
  • $707,340

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