QUESTION 9 An account that is classified as a contra-revenue: O typically has a credit balance. O may include sales discounts and credit card service fees. O is subtracted from gross sales revenue to determine net sales revenue. O is subtracted from accounts receivable to determine net receivables QUESTION 10 A service based company reports gross revenue of $125,000, sales discounts of $4,500; allowance for doubtful accounts of $6,000 operating expenses of 589,600; and a loss on sale of PPE of $2,000. What is the company's net income before taxes