Aston Company reported the following balances at September 30, 2020: Sales Revenue $280,000 Sales Returns and Allowances 13,000 Sales Discounts 5,000 Cost of Goods Sold 160,500 Calculate the Net sales for the month.
Aston Company reported the following balances at September 30, 2020: Sales Revenue $280,000 Sales Returns and Allowances 13,000 Sales Discounts 5,000 Cost of Goods Sold 160,500 Calculate the Net sales for the month.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Aston Company reported the following balances at September 30, 2020:
Sales Revenue $280,000
Sales Returns and Allowances 13,000
Sales Discounts 5,000
Cost of Goods Sold 160,500
Calculate the Net sales for the month.
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