![briannag0808](/avatars/43617.jpg)
briannag0808
21.06.2021 •
Business
The adjusted trial balance of Novak Corp. shows these data pertaining to sales at the end of its fiscal year, October 31, 2022: Sales Revenue $907,200; Freight-Out $13,600; Sales Returns and Allowances $19,800; and Sales Discounts $15,200.
Required:
Prepare the sales section of the income statement.
Solved
Show answers
More tips
- C Computers and Internet Best Applications for Your iPad: Review of the Best Candidates for Installation...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
- F Family and Home Why Having Pets at Home is Good for Your Health...
- H Health and Medicine How to perform artificial respiration?...
- H Health and Medicine 10 Tips for Avoiding Vitamin Deficiency...
- F Food and Cooking How to Properly Cook Buckwheat?...
- F Food and Cooking How Many Grams Are In a Tablespoon?...
- L Leisure and Entertainment Carving: History and Techniques for Creating Vegetable and Fruit Decorations...
Answers on questions: Business
- B Business Consumption expenditure minus imports, which varies with real gdp, is called...
- B Business sold by firms in monopolistic competition because a. is not; there are not a large number of firms in the ready dash mix concrete market b. is; each firm is a price taker c....
- B Business Set the criteria in the query so that only employees on probation will display and then run the query. note that these employees will receive no bonus. modify the criteria to...
- B Business Of the following investments, which would have the lowest present value? assume that the effective annual rate for all investments is the same and is greater than zero.a. investment...
- B Business Asales manager pays a bonus to new trainees when they develop a good sales prospectus. later, after the trainees have completed two months of training, the manger pays a bonus...
- B Business In 2021, Capricorn Corporation purchased raw materials for $1.5 million when the raw materials were only worth $1.2 million because they had a long term non-cancellable purchase...
- B Business Explain the risks associated with leveling resources, compressing or crashing projects, and imposed durations or catch-up as the project is being implemented....
- B Business Developing nations currently account for of FDI in the form of cross-border mergers and acquisitions....
- B Business A sum of $100,000 deposited in a Swiss bank lets you earn interest of $6,000 every year in order to pay for your European vacation forever. If the general price inflation rate...
- B Business In supply chain management (scm) related to manufacturing, which of the following is considered a key decision about inventory? a. what should be produced? b. how much should...
Ответ:
$872,200
Explanation:
Preparation of the sales section of the income statement.
NOVAK CORP Income Statement ( Partial)
for the year ended 31 Oct, 2022
Revenue [Net Sales]
Sales Revenue $907,200
Less:
Sales Return & Allowances($19,800)
Sales Discounts($15,200)
Net Sales $872,200
Therefore the sales section of the income statement is $872,200
Ответ:
(-r, θ+ pi) & (r, theta-2pi)