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Which of the following is NOT deducted from Gross Sales to yield the Net Sales figure? a. Cost of Goods Sold b. Sales Discounts c.

Which of the following is NOT deducted from Gross Sales to yield the Net Sales figure?

a. Cost of Goods Sold

b. Sales Discounts

c. Sales Returns and Allowances

d. All of these are deducted from gross sales to yield Net Sales.

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