Selected Balances from the General Ledger of the All Star

question 81

Essay

Selected balances from the general ledger of the All Star Video Rentals on July 31, 2019, are listed below. Use the appropriate data to prepare the Revenue section of the firm's income statement for the month ended July 31, 2019.
$\begin{array}{l|l}\text { Accounts Receivable } & \$ 12,500 \\\hline \text { Sales Tax Payable } & 1,475 \\\hline \text { Sales } & 32,500 \\\hline \text { Sales Returns and Allowances } & 3,100\end{array}$

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