Question: Based on the information that follows, prepare the revenue section of a multiple-step income statement. Sales ............... $140,000 Sales Returns and Allowances ..... 3,500 Sales

Based on the information that follows, prepare the revenue section of a multiple-step income statement.

Sales ............... $140,000

Sales Returns and Allowances ..... 3,500

Sales Discounts .......... 2,800


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