accounting 795
Arndt Company provides the following information for the month ended October 31, 2014: sales on credit $280,000, cash sales $100,000, sales discounts $5,000, sales returns and allowances $11,000.
Prepare the sales revenues section of the income statement based on this information.
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Arndt COMPANY
Income Statement (Partial) For the Month Ended October 31, 2014 |
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