20182 Summer ACCT 1080 VO854 Quiz Week 4 Chapter 05 quiz Th

2018-2 Summer ACCT 1080 VO854 Quiz: Week 4 - Chapter 05 quiz This Question: 1 pt Refer to the following trial balance. How much is the net sales revenue? Debit Credit 15,000 43,000 50,000 17,000 320,000 Accounts Receivable Merchandise Inventory Notes Payable Owner, Capital $4,000 23,000 353,000 5,000 Sales Revenue 50,000 O A. $433,000 O B. $448,000 OC. $87,000 O D. $91,000

Solution

The answer is Point No. A . 433000

Net sales = Sales revenue - Supplies

      = 450000-17000

      = 433000

 2018-2 Summer ACCT 1080 VO854 Quiz: Week 4 - Chapter 05 quiz This Question: 1 pt Refer to the following trial balance. How much is the net sales revenue? Debit

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site