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Accounting for Merchandising Activities
?
If gross sales is $40,000, sales returns and allowances $1,000, sales discounts $400, and delivery expenses $100, the net sales of the business will total
$38,500
$38,600
$40,000
$39,000
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (B)
$38,600
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