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    Exam 7: Accounting for Sales and Accounts Receivable
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    If a Firm Had Sales of $50,000 During a Period
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If a Firm Had Sales of $50,000 During a Period

Question 42

Question 42

Multiple Choice

If a firm had sales of $50,000 during a period and sales returns and allowances of $4,000,its net sales were


A) $54,000.
B) $50,000.
C) $46,000.
D) $4,000.

Correct Answer:

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