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    Fundamentals of Financial Accounting
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    Exam 6: Internal Control and Financial Reporting for Cash and Merchandising Operations
  5. Question
    A Company's Trial Balance Included the Following Account Balances at Year-End
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A Company's Trial Balance Included the Following Account Balances at Year-End

Question 32

Question 32

Multiple Choice

A company's trial balance included the following account balances at year-end:
A company's trial balance included the following account balances at year-end:   The amount of net sales reported on the income statement would be: A)  $114,400. B)  $128,400. C)  $112,000. D)  $111,400.
The amount of net sales reported on the income statement would be:


A) $114,400.
B) $128,400.
C) $112,000.
D) $111,400.

Correct Answer:

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