Refer to the following trial balance

Debit Credit
Cash $16,000
Accounts Receivable 42,000
Merchandise Inventory 62,000
Supplies 15,000
Land 330,000
Accounts Payable $2,000
Notes Payable 25,000
Common Stock 296,000
Retained Earnings 24,000
Dividends 6,000
Sales Revenue 480,000
Sales Returns and Allowances 9,000
Sales Discounts 8,000
Cost of Goods Sold 200,000
Salaries Expense 17,000
Utilities Expense 65,000
Rent Expense 53,000
Interest Expense 4,000 ________
Totals $827,000 $827,000

How much is the net sales revenue?
A) $463,000
B) $479,000
C) $145,000
D) $141,000


A .Sales Revenues $480,000
Sales Returns and Allowances -9,000
Sales Discounts -8,000
Net Sales Revenue $463,000

Business

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