Amira trading Co. reported the following figures in their books of accounts. Sales of OMR 40000, Carriage inwards of OMR 3000, Sales Discount of OMR 5000 and sales return of OMR 4000. Calculate net sales? a. OMR 36000 b. OMR 35000 c. OMR 31000 d. OMR 28000

Amira trading Co. reported the following figures in their books of accounts. Sales of OMR 40000, Carriage inwards of OMR 3000, Sales Discount of OMR 5000 and sales return of OMR 4000. Calculate net sales? a. OMR 36000 b. OMR 35000 c. OMR 31000 d. OMR 28000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...

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