Prepare the sales revenues section of the income, Accounting Basics

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Prepare the sales revenues section of the income

Bangura Company provides this information for the month ended October 31, 2012: sales on credit $300,000; cash sales $150,000; sales discounts $5,000; and sales returns and allowances $19,000. Prepare the sales revenues section of the income statement based on this information.

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Accounting Basics: Prepare the sales revenues section of the income

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Bangura Company provides this information for the month ended October 31, 2012: sales on credit $300,000; cash sales $150,000; sales discounts $5,000; and sales returns and allowances $19,000.

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Accounting Basics: Prepare the sales revenues section of the income

Reference No:- TGS0710349

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Explain the effective date for nonpublic entities

Q : Research the sarbanes-oxley act

Q : Discuss the most desirable from an expected

Q : Discuss the most desirable from an expected cost viewpoint

Q : Prepare the sales revenues section of the income

Q : Explain where each of the following items would appear

Q : Determine net purchases and cost of goods

Q : What was its cost of goods sold

Q : What is her annual exclusion

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Prepare the sales revenues section of the income

Reference No:- TGS0710349

Recent Questions Asked Accounting Basics

Q : Explain the effective date for nonpublic entities

Q : Research the sarbanes-oxley act

Q : Discuss the most desirable from an expected

Q : Discuss the most desirable from an expected cost viewpoint

Q : Prepare the sales revenues section of the income

Q : Explain where each of the following items would appear

Q : Determine net purchases and cost of goods

Q : What was its cost of goods sold

Q : What is her annual exclusion

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