Determine the net sales for the month of december, Financial Accounting

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Determine the net sales for the month of december

Problem

For the month of December 2018, the records of Seal Corporation show the following information:

Cash received on accounts receivable$57,000
Cash sales47,000
Accounts receivable, December 1, 2018 70,000
Accounts receivable, December 31, 2018 65,000
Accounts receivable written off as uncollectible2,500
Sales returns & allowances1,850

Task

Determine the net sales for the month of December 2018.

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Financial Accounting: Determine the net sales for the month of december

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Financial Accounting: Determine the net sales for the month of december

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