12. Which of the following formats best describes net sales (1 Point) Gross sales less COGS Gross sales plus Sales Rets and All Gross Sales less Sales Rets and All less Sales Discounts Gross Sales plus Sales Rets and All plus Sales Discounts 13. Which principle is an accounting concept that requires the numbers on the financial statements be based on actual expenses from business transactions incurred during the period. For example one would use this principle to price their inventory. (1 Point) Revenue principle Matching Principle Full Disclosure Principle Cost Principle