Question: 24. A) B) C) D) E) A company had the following partial list of account balances at year-end: Sales Returns and Allowances $ 500 Accounts

24. A) B) C) D) E) A company had the following partial list of account balances at year-end: Sales Returns and Allowances $ 500 Accounts Receivable 9,000 Sales Discounts (a contra account) 700 Sales Revenue 57,200 Allowance for Doubtful Accounts 300 The amount of Net Sales shown on the income statement would be $57,200. $64,200. $56,000. $55,700. None of the amounts is correct

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