A company had the following partial list of account balances at year-end: $$\begin{array} { l r }
\text { Sales Returns and Allowances } & \$ 1,000 \
\text { Accounts Receivable } & 38,000 \
\text { Sales Discounts } & 2,100 \
\text { Sales Revenue } & 95,000 \
\text { Allowance for Doubtful Accounts } & 1,200
\end{array}$$ How much is net sales revenue?

Question

A company had the following partial list of account balances at year-end: $$\begin{array} { l r } 
\text { Sales Returns and Allowances } & \$ 1,000 \
\text { Accounts Receivable } & 38,000 \
\text { Sales Discounts } & 2,100 \
\text { Sales Revenue } & 95,000 \
\text { Allowance for Doubtful Accounts } & 1,200
\end{array}$$ How much is net sales revenue?

Quizplus · Accepted Answer

The Answer of A company had the following partial list of account balances at year-end: $$\begin{array} { l r } 
\text { Sales Returns and Allowances } & \$ 1,000 \
\text { Accounts Receivable } & 38,000 \
\text { Sales Discounts } & 2,100 \
\text { Sales Revenue } & 95,000 \
\text { Allowance for Doubtful Accounts } & 1,200
\end{array}$$ How much is net sales revenue?

A Company Had the Following Partial List of Account Balances