Use the following information to answer the questions below:
Sales $73,400
HST Collected 9,542
Sales Discount 1,500
Sales Returns and Allowances 900
Delivery Expense 700
The Net Sales are ________.
Correct Answer:
Verified
Q21: Molly's Craft Shop sold goods for $450
Q22: A credit memorandum decreases which account on
Q23: Singh Company received payment in full within
Q24: The collection of an invoice for $5,000
Q25: Customers can take cash discounts on GST
Q27: Sue's Jewelry sold 25 necklaces for $25
Q28: The contra-revenue accounts include
A) HST Payable.
B) Sales
Q29: Sue's Jewelry sold 25 necklaces for $25
Q30: Singh Company received payment in full within
Q31: Sales discounts are always given on taxes
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