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uiz Instructions Question 3 1 pts Shinny Hobby makes only cash sales. It began 2021 with a credit balance of $32,000 in the refund liability
uiz Instructions Question 3 1 pts Shinny Hobby makes only cash sales. It began 2021 with a credit balance of $32,000 in the refund liability account. Sales during 2021 were $600,000. Assume 6% of all sales will be returned. During 2021, customers returned merchandise for credit of $28,000 to their accounts. What is the net sales reported for 2021? A) $600,000. B) $564,000. C) $568,000. D) $43,000. A OB D Next Previous
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