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Yang Company reported the following balances at June 30, 2020: Sales Revenue HK $32,000 Sales...

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Accounting

Yang Company reported the following balances at June 30, 2020:

Sales Revenue HK $32,000

Sales Returns and Allowances 1,000

Sales Discounts 500

Cost of Goods Sold 15,500

Net sales for the month is?

Select one alternative:

  • HK $30,500
  • HK $31,000
  • HK $32,000
  • HK $16,500

Answer & Explanation Solved by verified expert
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