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Level 2 Chapter 15 - Section II - Exercise 12 For the third quarter of 2011, Micro Tech had gross sales of $315,450; sales returns

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Level 2 Chapter 15 - Section II - Exercise 12 For the third quarter of 2011, Micro Tech had gross sales of $315,450; sales returns and allowances of $23,100; and sales discounts of $18,700. What were the net sales? Gross Sales Less: Sales returns + allowance Sales discounts Net sales

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