Rhodes Company provides this information for the month of November, 2010: sales on credit $150,000; cash sales $50,000; sales discounts $2,000; and sales returns and allowances $8,000. Prepare the sales revenues section of the income statement based on this information.

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The Answer of Rhodes Company provides this information for the month of November, 2010: sales on credit $150,000; cash sales $50,000; sales discounts $2,000; and sales returns and allowances $8,000. Prepare the sales revenues section of the income statement based on this information.

Rhodes Company Provides This Information for the Month of November