The adjusted trial balance of Snufty Pty Ltd shows these data pertaining to sales at the end of its financial year, 30 June 2015: sales $624,960; freight-out $7,290; sales returns and allowances $9,840; and discount allowed $8,142 Required Prepare the sales revenue section of the statement of profit or loss. Snuffy Pty Ltd Statement of profit or loss (partial) for the year ended 30 June 2015 Sales revenue:

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
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Chapter6: Merchandising Transactions
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The adjusted trial balance of Snuffy Pty Ltd shows these data pertaining to sales at the end of Its financial year, 30 June 2015: sales $624,960; freight-out $7,290; sales returns and allowances $9,840; and discount allowed $8,142.
Required
Prepare the sales revenue section of the statement of profit or loss.
Snuffy Pty Ltd
Statement of profit or loss (partlal)
for the year ended 30 June 2015
Sales revenue:
Transcribed Image Text:The adjusted trial balance of Snuffy Pty Ltd shows these data pertaining to sales at the end of Its financial year, 30 June 2015: sales $624,960; freight-out $7,290; sales returns and allowances $9,840; and discount allowed $8,142. Required Prepare the sales revenue section of the statement of profit or loss. Snuffy Pty Ltd Statement of profit or loss (partlal) for the year ended 30 June 2015 Sales revenue:
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