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Prepare the sales revenues section of the income statement

Maulder Company provides the following information for the month ended October 31, 2011: Sales on credit $280,000, cash sales $100,000, sales discounts $13,000, sales returns and allowances $11,000. 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 statement

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