How do you calculate net sales?
A) Combine the total customer returns, customer sales, and customer allowances
B) Add operating expense and interest expense; then subtract from gross sales
C) Subtract cost of goods sold from gross sales
D) Subtract customer returns from gross sales and add promotional allowances from vendors
E) Subtract gross profits from promotional allowances

Question

Quizplus · Accepted Answer

The Answer is D

How Do You Calculate Net Sales