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Maulder Company provides the following information for the month ended October 31, 2008: Sales on credit $251,796, cash sales $103,315, sales discounts $14,153, sales returns
Maulder Company provides the following information for the month ended October 31, 2008: Sales on credit $251,796, cash sales $103,315, sales discounts $14,153, sales returns and allowances $11,930. Prepare the sales revenues section of the income statement based on this information. (List amounts from largest to smallest eg 10, 5, 3, 2.) What do I do with the sales on credit and the cash sales on the partial statement?? Please help
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