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Kelly's Jewelry has the following transactions during the year: total jewelry sales - $610,000; sales discounts - $13,000, sales returns $36,000, sales allowances - $16.000.
Kelly's Jewelry has the following transactions during the year: total jewelry sales - $610,000; sales discounts - $13,000, sales returns $36,000, sales allowances - $16.000. In addition, at the end of the year the company estimates the following transactions associated with Jewelry sales in the current year will occur next year sales discounts - $1,300, sales returns - $4,320, sales allowances - $2,130. Compute net sales. Total sales Net sales
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