At the End of the Year Stan Still Stationery Store

question 71

Multiple Choice

At the end of the year Stan Still Stationery Store had the following balances: Sales $580,000; Sales Discounts $2,540; Sales Returns and Allowances $14,280; Sales Salaries Expense $60,000. The Net Sales for the year are:

• A) $565,720
• B) $577,460
• C) $563,180
• D) $503,180

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Definitions:

Ovulating

The phase of a woman's menstrual cycle during which an egg is released from the ovary.

Fallopian Tubes

Pair of tubes along which eggs travel from the ovaries to the uterus, and the site where fertilization usually occurs.

Maternal Blood Screening

A test performed on a pregnant woman's blood to detect certain genetic and developmental conditions in a fetus.

Birth Defects

Abnormalities of structure, function, or body metabolism present at birth that lead to physical or mental disabilities, or both.