Yangtze Company provides the following information for the month ended October 31, 2014 (amounts in Chinese yuan):
Question:
Yangtze Company provides the following information for the month ended October 31, 2014 (amounts in Chinese yuan): sales on credit ¥280,000, cash sales ¥100,000, sales discounts ¥5,000, sales returns and allowances ¥18,000. Prepare the sales revenues section of the income statement based on this information.
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YANGTZE COMPANY Income Statement Partial For the Month Ended ...View the full answer
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Related Book For 
Financial Accounting IFRS
ISBN: 978-1118285909
2nd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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