Eric Company has the following information:
$$\begin{array} { | l | r | }
\hline \text { Total revenues } & \$ 860,000 \
\hline \text { Sales returns and allowances } & \$ 50,000 \
\hline \text { Sales discounts } & \$ 30,000 \
\hline \text { Ending inventory } & \$ 100,000 \
\hline
\end{array}$$
What is the amount of net revenues for Eric Company?

Question

Eric Company has the following information:
$$\begin{array} { | l | r | } 
\hline \text { Total revenues } & \$ 860,000 \
\hline \text { Sales returns and allowances } & \$ 50,000 \
\hline \text { Sales discounts } & \$ 30,000 \
\hline \text { Ending inventory } & \$ 100,000 \
\hline
\end{array}$$
 What is the amount of net revenues for Eric Company?

Quizplus · Accepted Answer

The Answer of Eric Company has the following information:
$$\begin{array} { | l | r | } 
\hline \text { Total revenues } & \$ 860,000 \
\hline \text { Sales returns and allowances } & \$ 50,000 \
\hline \text { Sales discounts } & \$ 30,000 \
\hline \text { Ending inventory } & \$ 100,000 \
\hline
\end{array}$$
 What is the amount of net revenues for Eric Company?

Eric Company Has the Following Information What Is the Amount of Net Revenues for Eric Company