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Yang Company reported the following balances at June 30, 2020: Sales Revenue HK $32,000 Sales Returns and Allowances 1,000 Sales Discounts 500 Cost of Goods

Yang Company reported the following balances at June 30, 2020: Sales Revenue HK $32,000 Sales Returns and Allowances 1,000 Sales Discounts 500 Cost of Goods Sold 15,500 Net sales for the month is? a. HK $32,000 b. HK $31,000 c. HK $30,500 d. HK $16,500

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