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Gross sales equals: (Multiple Choice)

majestico

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6 years ago

Gross sales equals: (Multiple Choice)

Gross sales equals:
A) the total of cash sales and credit sales.
B) sales discount less net income.
C) net sales minus sales discount.
D) supplies minus inventory.

Textbook

College Accounting: A Practical Approach

Edition: 13^th

Author: Slater

Read 127 times

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keytwo

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Solved Net sales is computed by taking:
Solved Net Sales are: (Multiple Choice)
Solved Net Sales + Sales Discounts + Sales Returns and Allowances equals:
Solved Net sales equal: (Multiple Choice)
Solved The total of all cash sales and credit sales equals:
Solved of all sales were for cash. If cash sales were $28,000, what were the total sales?
Solved of all sales were for cash. If cash sales were $4,000, what were total sales?
Solved Total sales including sales tax divided by (100% + sales tax) equals actual sales.

majestico Author

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6 years ago

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