Answered: If the rice dealer's net sales for the…

If the rice dealer's net sales for the month was P89 564 and his gross sales was P98 759 , how much was his sales return and allowances?

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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If the rice dealer's net sales for the month was P89 564 and his gross sales was P98 759 , how much was his sales return and allowances?

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