From the following details,calculate net sales revenue.

Question

Quizplus · Accepted Answer

The net sales revenue is calculated by taking the total sales revenue and deducting returns, discounts, and allowances. The given image shows the following details:
Total sales revenue = $480,000
Returns = $10,000
Discounts and allowances = $10,000
Net sales revenue = Total sales revenue - Returns - Discounts and allowances
Net sales revenue = $480,000 - $10,000 - $10,000
Net sales revenue = $460,000
Hence, the best choice is (C) $460,000.

From the Following Details,calculate Net Sales Revenue