FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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A company had the following information taken from various accounts at the end of the year:
Sales discounts
Deferred revenues
$ 41,000
Total revenues
Purchase discounts
Sales allowances
Accounts receivable
32,000
459,000
15,000
35,000
205,000
What was the company's net revenues for the year?
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Transcribed Image Text:A company had the following information taken from various accounts at the end of the year: Sales discounts Deferred revenues $ 41,000 Total revenues Purchase discounts Sales allowances Accounts receivable 32,000 459,000 15,000 35,000 205,000 What was the company's net revenues for the year?
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