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Total gross sales for the period include the following Credit Card sales (chcount 2 $ 9,400 Sale on account.15.060) 59,700 Sales returns rotated to sales
Total gross sales for the period include the following Credit Card sales (chcount 2 $ 9,400 Sale on account.15.060) 59,700 Sales returns rotated to sales on account were $800 All returns were made before payment One of the remaining sales on account were pad within the discount period. The company treats if discounts and returns as contra revenues What amount will be reported on the income statement as net sales? Do not round intermediate calculations. Round your answer to 2 decimal places.) Nets
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