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ANSWERS Keon [1] Income Statement for the year ended 30 April 2021 workings$Sales revenue$Ticks70,000[1]Less: Sales returns9,600[1]Net Sales revenue60,400[1]Less: Cost of sales21,100[1]Gross profit39,300[1]Add:
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How to fill out workings ticks sales revenue
01
Identify the source of sales revenue, whether it is from products, services, or other sources.
02
Determine the period for which you are calculating the sales revenue, whether it is for a specific month, quarter, or year.
03
List all the sales transactions during the period, including the date, customer name, and amount of each sale.
04
Calculate the total sales revenue by adding up all the individual sales transactions.
05
Prepare a report or spreadsheet showing the breakdown of sales revenue by product, service, or other categories if necessary.
Who needs workings ticks sales revenue?
01
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Accountants and financial analysts who need to prepare financial reports and analysis.
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Investors and stakeholders who are interested in the company's revenue and profitability.
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What is workings ticks sales revenue?
Workings ticks sales revenue is the total revenue generated from the sale of products or services with reference to workings ticks.
Who is required to file workings ticks sales revenue?
Businesses or individuals who sell products or services through workings ticks platform are required to file workings ticks sales revenue.
How to fill out workings ticks sales revenue?
To fill out workings ticks sales revenue, one must accurately report the total revenue generated from sales made through workings ticks.
What is the purpose of workings ticks sales revenue?
The purpose of workings ticks sales revenue is to track and report the revenue generated from sales made through workings ticks platform for tax and regulatory purposes.
What information must be reported on workings ticks sales revenue?
The information that must be reported on workings ticks sales revenue includes total revenue generated, date of sales, and any deductions or expenses related to the sales.
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