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Please your solution without your handwriting Q2 The Information below relates to sales transactions for SALALAH Enterprises. Determine the net sales and cost of goods

image text in transcribedPlease your solution without your handwriting

Q2 The Information below relates to sales transactions for SALALAH Enterprises. Determine the net sales and cost of goods sold and gross profit. Sales Discount RO 1250 Gross Sales 290000 Sales Returns and Allowances 975 Freight In 2300 Purchase Discount 175 Purchases 50000 Purchase Returns and Allowances 800 Opening Inventory 1500 Closing Inventory 2200

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