A Company Had the Following Partial List of Account Balances

question 121

Multiple Choice

A company had the following partial list of account balances at year-end: $\begin{array}{lr}\text { Sales Returns and Allowances } & \$ 1,000 \\\text { Accounts Receivable } & 38,000 \\\text { Sales Discounts } & 2,100 \\\text { Sales Revenue } & 95,000 \\\text { Allowance for Doubtful Accounts } & 1,200\end{array}$ How much is net sales revenue?

• A) $91,900.
• B) $90,700.
• C)$89,900.
• D)$88,600.

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Definitions:

Decision Making

The cognitive process of selecting a course of action from multiple alternatives to achieve a desired goal.

Labor Relations

The ongoing relationship and interactions between employers and their workforce, often in the context of unions and collective bargaining.

Wages

Financial compensation paid by employers to employees for their labor, typically calculated by hour or piece rate.

Work Rules

Guidelines and regulations established by an employer to define acceptable behavior and ensure an orderly work environment.