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    Principles of Financial Accounting Study Set 1
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    Exam 5: Accounting for Merchandising Operations
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    The Sales Revenue Section of an Income Statement for a Retailer
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The Sales Revenue Section of an Income Statement for a Retailer

Question 172

Question 172

Multiple Choice

The sales revenue section of an income statement for a retailer would NOT include


A) Sales returns and allowances.
B) Sales.
C) Net sales.
D) Cost of goods sold.

Correct Answer:

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