7YReferring to the following table, what is Net sales revenue? Sales revenue $460,000| Cost of goods sold Operating expenses Sales discounts Sales returns and allowances Interest revenue 300 000 85,000 20,000 15.000 5.000 A) $400,000 B) $415,000 C) $425,000

7YReferring to the following table, what is Net sales revenue? Sales revenue $460,000| Cost of goods sold Operating expenses Sales discounts Sales returns and allowances Interest revenue 300 000 85,000 20,000 15.000 5.000 A) $400,000 B) $415,000 C) $425,000

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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Question

7) Referring to the following table, what is Net sales revenue?
$460,000
Sales revenue
Cost of goods sold
Operating expenses
Sales discounts
Sales returns and allowances
Interest revenue
300 000
85,000
20.000
15.000
5.000
A) $400,000
B) $415,000
C) $425,000
D) $455,000

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