Conrad Company reported the following balances at June 30, 2015: $16,200 Sales Revenue Sales Returns and 600 Allowances Sales Discounts 300 Cost of Goods Sold 7,500 Net sales for the month is a) $15,600. O b) $15,300. O c) $7,800 d) $16,200.

Conrad Company reported the following balances at June 30, 2015: $16,200 Sales Revenue Sales Returns and 600 Allowances Sales Discounts 300 Cost of Goods Sold 7,500 Net sales for the month is a) $15,600. O b) $15,300. O c) $7,800 d) $16,200.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 12Q: Berry Farms has an accounts receivable balance at the end of 2018 of $425,650. The net credit sales...

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Question

Conrad Company reported the following balances at June 30, 2015:
$16,200
Sales Revenue
Sales Returns and
600
Allowances
Sales Discounts
300
Cost of Goods Sold
7,500
Net sales for the month is
O a)
$15,600.
O b) $15,300.
O c) $7,800
d) $16,200.

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