Moving to another question will save this response.Question 4Net Sales are calculated using:O A.Gross sales, cost of good available for sale, cost of goods soldO B.Gross sales, cost of goods sold, sales expensesC.Gross sales, cost of sales, purchasesO D.Gross sales, sales returns & allowances, sales discountMoving to another question will save this response.

The right answer is option d Gross sales, Sales return &allowances, sales discount

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estion will save this respo I using: cost of good available for cost of goods sold, sales

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter10: Cash Receipts And Cash Payments

Section: Chapter Questions

Problem 1DQ: What is the normal balance for each of the following accounts: (a) Purchases? (b) Sales Discounts?...

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