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Which one of the following is not used to calculate net sales? A. Sales returns and allowance B. Purchases C. Sales discount D. Gross sales

Respuesta :

sqdancefan

Answer:

B. Purchases

Step-by-step explanation:

Net sales will be ...

... Net Sales = Gross Sales - Returns & Allowances - Sales Discount

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Purchases are involved in the computation of profit, but not in the computation of net sales.