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Question 3 Sheridan Company provides this information for the month ended October 31, 2017: sales on credit $302,700; cash sales $159,500; sales discounts $5,190; and

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Question 3 Sheridan Company provides this information for the month ended October 31, 2017: sales on credit $302,700; cash sales $159,500; sales discounts $5,190; and sales returns and allowances $24,950. Prepare the sales section of the income statement based on this information. SHERIDAN COMPANY Income Statement (Partial) Click If you would like to Show Work for this question: Open Show Work

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