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Refer to the Following Trial Balance How Much Is the Net Sales Revenue?
A)$463,000
B)$479,000
C)$145,000

Question 146

Multiple Choice

Refer to the following trial balance.  Debit  Credit  Cash $16,000 Accounts Receivable 42,000 Merchandise Inventory 62,000 Supplies 15,000 Land 330,000 Accounts Payable $2,000 Notes Payable 25,000 Common Stock 296,000 Retained Earnings 6,00024,000 Dividends 480,000 Sales Revenue 9,000 Sales Discounts 8,000 Cost of Goods Sold 200,000 Salaries Expense 17,000 Utilities Expense 65,000 Rent Expense 53,000 Interest Expense 4,000 Totals $827,000$827,00\begin{array}{|l|r|l|}\hline & { \text { Debit } } &{ \text { Credit } } \\\hline \text { Cash } & \$ 16,000 \\\hline \text { Accounts Receivable } & 42,000 \\\hline \text { Merchandise Inventory } & 62,000 \\\hline \text { Supplies } & 15,000 \\\hline \text { Land } & 330,000 & \\\hline \text { Accounts Payable } & & \$ 2,000 \\\hline \text { Notes Payable } & & 25,000 \\\hline \text { Common Stock } & & 296,000 \\\hline \text { Retained Earnings } & 6,000 & 24,000 \\\hline \text { Dividends } & & 480,000 \\\hline \text { Sales Revenue } & 9,000 &\\\hline \text { Sales Discounts } & 8,000 & \\\hline \text { Cost of Goods Sold } & 200,000 & \\\hline \text { Salaries Expense } & 17,000 & \\\hline \text { Utilities Expense } & 65,000 & \\\hline \text { Rent Expense } & 53,000 & \\\hline \text { Interest Expense } & 4,000 & \\\hline \text { Totals } & \$ 827,000 & \$ 827,00 \\\hline\end{array} How much is the net sales revenue?


A) $463,000
B) $479,000
C) $145,000
D) $141,000

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