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Cheyenne Corp. provides this information for the month ended October 31, 2022: sales on credit $301,200; cash sales $159,500; sales discounts $5,170; and sales returns
Cheyenne Corp. provides this information for the month ended October 31, 2022: sales on credit $301,200; cash sales $159,500; sales discounts $5,170; and sales returns and allowances $24.920. Prepare the sales section of the multiple-step income statement based on this information. Cheyenne Corp. Income Statement (Partial) Gross Sales $ 460700 Sales Discounts $ 5170 Sales Returns and Allowances 24920 i 26090 Net Sales $ 434610 e Texthonk and Media
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