Sales returns and allowances 31180 and sales discounts


Question - The adjusted trial balance of Tsai Company shows the following data pertaining to sales at the end of its fiscal year October 31, 2014: Sales Revenue $825,310, Freight-out $17,560, Sales Returns and Allowances $31,180, and Sales Discounts $17,580.

Prepare the sales revenues section of the income statement.

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Accounting Basics: Sales returns and allowances 31180 and sales discounts
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