Financial information is presented below: Operating Expenses Sales Returns and Allowances Sales Discounts Sales Revenue Cost of Goods Sold Gross profit would be $126400. O $144500. O $113700. O $24200. $ 89500 18100 12700 319200 174700

Financial information is presented below: Operating Expenses Sales Returns and Allowances Sales Discounts Sales Revenue Cost of Goods Sold Gross profit would be $126400. O $144500. O $113700. O $24200. $ 89500 18100 12700 319200 174700

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 22Q: The following is select account information for August Sundries. Sales: $850,360; Sales Returns and...

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Question

Financial information is presented below:
Operating Expenses
Sales Returns and Allowances
Sales Discounts
Sales Revenue
Cost of Goods Sold
Gross profit would be
O $126400.
O $144500.
O $113700.
O $24200.
$ 89500
18100
12700
319200
174700

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