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Q63. Consider the fol lowing accounts and their balances: Gross Sales Revenue s800,000 Sales Returns and Allowances $12,000 Credit Card Discounts $5,000 Sales Discounts $3,000

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Q63. Consider the fol lowing accounts and their balances: Gross Sales Revenue s800,000 Sales Returns and Allowances $12,000 Credit Card Discounts $5,000 Sales Discounts $3,000 Cost of Goods Sold 670,000 Compute the net sales: A. $110,000 D. $800,000 C. $780,000 B. $130,000

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