Calculating Net SalesPublished on April 10, 2023 by Stephanie Milne
Once you’ve accounted for all returns, sales discounts and allowances, what remains of your gross sales figure is your net sales. A business with gross sales of $50,000, discounts of $3,000, sales allowances of $4,000 and sales returns of $2,000, for example, would have net sales of $41,000. Net sales is the amount of revenue […]
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