Revenue Recognition and Sales Allowances

Target Corporation reported the following on its income statement.

The revenue recognition note from the $10-$K for current fiscal year includes the following.

We record almost all retail store revenues at the point of sale.

Digital channel sales include shipping revenue and are recorded upon delivery to the guest or upon guest pickup at the store.

Total revenues do not include sales tax because we are a pass$-$through conduit for collecting and remitting sales taxes.

prior.

Required

part b part c partd

Note: Use negative signs with answers when appropriate

Note: If an answer field is not needed, leave it blank $($not all answer fields will be used$).$

Note: Round answers to the nearest dollar, if applicable.