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    Carolyn Jones's Avatar
    Carolyn Jones Posts: 2, Reputation: 1
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    #1

    Apr 25, 2009, 07:09 PM
    Generally the revenue account for a merchandising business is entitled
    Sales, net sales, gross sales, gross profit
    Carolyn Jones's Avatar
    Carolyn Jones Posts: 2, Reputation: 1
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    #2

    Apr 25, 2009, 07:14 PM

    What is the term applied to the excess of net revenue from sales over the cost of merchandise sold is. Gross profit, income from operation, net income,gross sales
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