following exam within the allotted time period The exam incl

following exam within the allotted time period. The exam includes, true/ ce, fill in the bank and short problems to complete. adford Question 20 3 pts NOLA, Inc had gross sales of $25,000 and sales discounts of S5,000 and sales returns of $1,000. Net sales would be ? HTML Editor

Solution

Net sales of the period: Sales revenue (gross) 25000 Less: Sales discount 5000 Less: Sales return 1000 Net sales revenue 19000