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A company reports the following sales-related information. Sales, gross$285,000 Sales returns and allowances$20,000 Sales discounts5,700Sales salaries expense11,700 Prepare the net sales portion only of this
A company reports the following sales-related information.
Sales, gross$285,000
Sales returns and allowances$20,000
Sales discounts5,700Sales salaries expense11,700
Prepare the net sales portion only of this company's multiple-step income statement.
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