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Question - The adjusted trial balance of Premium Gourmet Caterings shows the following selected data on certain income statement accounts for the year ended September 30, 2015:
Sales $ 610,000
Freight out 9,900
Sales Returns and allowances 14,600
Sales discounts 9,400
Required: Compute net sales for the year ended September 30, 2015.
Joyce Rescho is self-employed and uses the calendar year and the accrual method of accounting. She reports the following activities for December:
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