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Question 2 A company had the following partial list of account balances at year-end: Sales Returns and Allowances Accounts Receivable Sales Discounts Sales Revenue Allowance

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Question 2 A company had the following partial list of account balances at year-end: Sales Returns and Allowances Accounts Receivable Sales Discounts Sales Revenue Allowance for Doubtful Accounts $1,000 38,000 2,100 95,000 1,200 The amount of Net Sales shown on the income statement would be O $90,700. O $89.900 O $91,900 $88,600

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