Roberto Company has sales of $1,000,000, sales returns and allowances of $10,000, sales discounts of $2,000, and

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Roberto Company has sales of $1,000,000, sales returns and allowances of $10,000, sales discounts of $2,000, and salary expense—sales of $120,000. What is the amount of net sales?
a. $1,012,000
b. $988,000
c. $1,132,000
d. $868,000

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College Accounting A Contemporary Approach

ISBN: 9781260780352

5th Edition

Authors: David Haddock, John Price, Michael Farina

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