The computation of total revenues


Using the following information, compute total revenues.  Caution: Not all of the items listed should be included in the computation of total revenues.                                        

  

Cost of goods sold

  
  

$   14,600

  
  

Wages payable

  
  

$   325

  
  

Interest revenue

  
  

700

  
  

Accounts receivable

  
  

1,050

  
  

Advertising expense

  
  

2,650

  
  

Retained earnings

  
  

5,800

  
  

Cash

  
  

800

  
  

Consulting revenue

  
  

1,900

  
  

Sales

  
  

18,300

  
           

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Accounting Basics: The computation of total revenues
Reference No:- TGS0553233

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