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which of the statement is true? (Multiple answers) 1. Sales return and discounts are not utilized in calculating net sales. 2. Net sales reflect total

which of the statement is true? (Multiple answers)

1. Sales return and discounts are not utilized in calculating net sales.

2. Net sales reflect total sales, fewer sales returns, and sales discounts.

3. Sales returns are an expense that is to be deducted from gross profit.

4. sales discount are only avaliable for purchases made and paid for within the first 10 days of a calendar month.

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