Net Sales During the current period, Boston Corp. sold products to customers for a total of $85,000.
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Net Sales During the current period, Boston Corp. sold products to customers for a total of
$85,000. Due to defective products, customers were given $2,000 in refunds for products that were returned and another $4,500 in reductions to their account balances.
Discounts in the amount of $6,500 were given for early payment of account balances.
Prepare the Net Sales section of Boston’s income statement.
AppendixLO1
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Related Book For 
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7th Edition
Authors: Curtis L. Norton, Gary A. Porter
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