The adjusted trial balance of Tsai Company shows the following


Question Description:

24.99

The adjusted trial balance of Tsai Company shows the following data pertaining to sales at the end of its fiscal year October 31, 2014: Sales Revenue $825,310, Freight-out $17,560, Sales Returns and Allowances $31,180, and Sales Discounts $17,580. Warning Don’t show me this message again for the assignment Ok Cancel (a) Prepare the sales revenues section of the income statement. Tsai COMPANY Income Statement (Partial) For the Year Ended October 31, 2014 Total RevenuesTotal ExpensesSales RevenuesNet SalesExpensesDividendsNet Income / (Loss)Retained Earnings, November 1, 2011Retained Earnings, October 31, 2014 $ LessAdd: $ Dividends Expenses Net Income / (Loss) Retained Earnings, November 1, 2011 Retained Earnings, October 31, 2014 Sales Revenues Total Expenses Total Revenues Net Sales $

Answer

24.99