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Adjusted Trial Balance As of 12/31/20xx Accounts Normal Account Balance Cash $25,950 Accounts Receivable 24,500...

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Accounting

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Adjusted Trial Balance As of 12/31/20xx Accounts Normal Account Balance Cash $25,950 Accounts Receivable 24,500 Allowance for Uncollectible 13,000 Accounts Inventory 35,000 Deferred Revenue 10,000 Common Stock 50,000 Retained Earnings |10,000 Service Revenue 75,000 Sales Discounts [1,101 Cost of Goods Sold 50.181 Rent Expense 15,183 Interest Expense 14.000 Income Tax Expense 3,000 Question: Based on the Multi-step Income Statement you prepared on your scratch paper, what is the amount of "Net" Sales on the Multi-step Income Statement for the period ending 12/31/xx

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