Question
Net sales net sales revenue is computed as: A a gross sales revenue plus sales returns - sales allowances - sales discounts. B gross sales
Net sales net sales revenue is computed as:
A a gross sales revenue plus sales returns - sales allowances - sales discounts.
B gross sales revenue minus sales returns - sales allowances + sales discounts.
C gross sales revenue minus sales discounts - sales returns - sales allowances.
D gross sales revenue + sales returns + sales discounts - sales allowances.
E none of the above
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
25th edition
978-1285069609, 1285069609, 978-1133607601
