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Vitamix reports the following information for its year ended December 31: Cash sales $ 92,000 Sales on credit 122,000 General and administrative expenses 33,000 Sales
Vitamix reports the following information for its year ended December 31:
Cash sales | $ 92,000 |
---|---|
Sales on credit | 122,000 |
General and administrative expenses | 33,000 |
Sales returns | 14,200 |
Cost of goods sold | 88,000 |
Sales discounts | 5,200 |
Selling expenses | 56,000 |
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