Chapter 15, Problem 7AT

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8th Edition

Robert Brechner + 1 other

ISBN: 9781305585447

Textbook Problem

For the second quarter. Evergreen Plant Nursery had gross sales of $214,300, sales returns and allowances of $26,540, and sales discounts of $1,988. What were Evergreen’s net sales?

To determine

**To calculate:** The net sales of Evergreen Plant Nursery if gross sales are

Explanation

**Given Information:**

It is given that evergreen Plant Nurseryâ€™s gross sales are

**Formula used:**

The net sale is computed by subtracting sales returns with allowances and sales discounts from gross sales,

**Calculation:**

Consider that Evergreen Plant Nurseryâ€™s gross sales are

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