Financial Information Is Presented Below: the Amount of Net

question 199

Multiple Choice

Financial information is presented below: The amount of net sales on the income statement would be

• A)$153,000.
• B)$150,000.
• C)$160,000.
• D)$157,000.

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OTTFFSSENT

OTTFFSSENT is a mnemonic device used to remember the initial letters of the first ten numbers in sequence: One, Two, Three, Four, Five, Six, Seven, Eight, Nine, Ten.

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