accounting

profileMANND1975
5-7.docx

Arndt Company provides the following information for the month ended October 31, 2014: sales on credit $280,000, cash sales $100,000, sales discounts $5,000, sales returns and allowances $11,000. Prepare the sales revenues section of the income statement based on this information.

Arndt COMPANY Income Statement (Partial) For the Month Ended October 31, 2014

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