lgoodie57 lgoodie57

07-11-2018
Mathematics

contestada

Which one of the following is not used to calculate net sales? A. Sales returns and allowance B. Purchases C. Sales discount D. Gross sales

Respuesta :

sqdancefan sqdancefan

07-11-2018

Answer:

B. Purchases

Step-by-step explanation:

Net sales will be ...

... Net Sales = Gross Sales - Returns & Allowances - Sales Discount

___

Purchases are involved in the computation of profit, but not in the computation of net sales.

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