1)Brown Glory Corp. has sales revenue of $150,000, sales discounts of $12,000, sales returns allowances of $24,000, and cost of goods sold of $60,000. What would be the net sales revenue of Brown Glory Corp.?

1)Brown Glory Corp. has sales revenue of $150,000, sales discounts of $12,000, sales returns allowances of $24,000, and cost of goods sold of $60,000. What would be the net sales revenue of Brown Glory Corp.?

Name: 1)Brown Glory Corp. has sales revenue of$150,000, sales discounts of
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Description: 1)Brown Glory Corp. has sales revenue of$150,000, sales discounts of $12,000, salesreturns allowances of $24,000, and cost ofgoods sold of $60,000. What would be thenet sales revenue of Brown Glory Corp.?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 22Q: The following is select account information for August Sundries. Sales: $850,360; Sales Returns and...

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