5. What would be the balance of "Sales discounts, returns and allowances" if you know...

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Accounting

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5. What would be the balance of "Sales discounts, returns and allowances" if you know that profit" equals $ 3,000,000, and "Sales revenues" equals $ 4,500,000, and "Cost of goods sol equals $ 1,000,000? * (3 Points) $ 1.500,000 O $ 2.500.000 $ 500,000 None of provided answers is correct

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