A company reports the following amounts at the end of the year: Total sales = $500,000; sales discounts = $10,000; sales returns = $30,000; sales allowances = $20,000.Compute net sales.

Question

Quizplus · Accepted Answer

The Answer of A company reports the following amounts at the end of the year: Total sales = $500,000; sales discounts = $10,000; sales returns = $30,000; sales allowances = $20,000.Compute net sales.

A Company Reports the Following Amounts at the End of the Year