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The Tanner Company Has Provided the Following Information After Year-End

Question 37

Multiple Choice

The Tanner Company has provided the following information after year-end adjustments: • Allowance for doubtful accounts increased $19,000.
• Accounts receivable increased $390,000 during the year.
• Accounts written off as uncollectible totaled $20,000.
• Sales totaled $2,500,000.
• Sales discounts were $100,000.
What was the amount of Tanner's net sales?


A) $1,990,000.
B) $2,380,000.
C) $2,400,000.
D) $2,420,000.

Correct Answer:

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