KWhich of the following is true of net sales revenue?OA It is calculated by adding sales discounts and sales retums and allowances to salesOB. It is calculated by deducting sales discounts and sales retums and allowances from salesOC. It is calculated by adding sales discounts to salesOD. It is calculated by subtracting cost of goods sold from salesMacBook Pro

Sales Discount :— It is the reduction in the price of product delivered or service provided which is…

Which of the following is true of net sales revenue? OA is calculated by adding sales discounts and sales retu OB It is calculated by deducting sales discounts and sales retu OC. It is calculated by adding sales discounts to sales OD. It is calculated by subtracting cost of goods sold from sa

Which of the following is true of net sales revenue? OA is calculated by adding sales discounts and sales retu OB It is calculated by deducting sales discounts and sales retu OC. It is calculated by adding sales discounts to sales OD. It is calculated by subtracting cost of goods sold from sa

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 22Q: The following is select account information for August Sundries. Sales: $850,360; Sales Returns and...

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K
Which of the following is true of net sales revenue?
OA It is calculated by adding sales discounts and sales retums and allowances to sales
OB. It is calculated by deducting sales discounts and sales retums and allowances from sales
OC. It is calculated by adding sales discounts to sales
OD. It is calculated by subtracting cost of goods sold from sales
MacBook Pro

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