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schepotkina [342]
3 years ago
13

A company reported the following amounts at the end of the year total sales revenue = 550000; sales discounts = $12,000; sales r

eturns = $44,000; sales allowances = $17,000. What was the company's net revenues for the year?
Business
1 answer:
Salsk061 [2.6K]3 years ago
7 0

Answer:

$477,000

Explanation:

Computation of the company's net revenues for the year

Using this formula

Net revenues= Total sales - sales discounts- sales return- allowances

Where,

Total sales =$550,000

Sales discounts$12,000

Sales return=$44,000

Allowances=$17,000

Let plug in the formula

Net revenue =$550,000-$12,000-$44,000-$17,000

Net revenue =$477,000

Therefore the Net revenue will be $477,000

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Answer:

ISP

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Answer:

The correct asnwer is : Journal entries

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Constant innovation; something that draws the interest of young people.

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The answer is A. :)
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