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Hanaforde Company provides this information for the month of March 2020; sales on credit $220,000; cash sales $50,000; sales. discounts $2,000; and sales returns and
Hanaforde Company provides this information for the month of March 2020; sales on credit $220,000; cash sales $50,000; sales. discounts $2,000; and sales returns and allowances $5,000; cost of goods sold $140,000, freight-out $19,000. Prepare the sales revenue and gross profit sections of the incme statement based on this information
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