If the net sales of a company is $2000, sales returns and allowances is $500 and sales discount is $250, the amount of net sales is : A: $1000 B: $1250 C: $1500 D: $1750

2022-05-31

If the net sales of a company is $2000, sales returns and allowances is $500 and sales discount is $250, the amount of net sales is : A: $1000 B: $1250 C: $1500 D: $1750

If the net sales of a company is $2000, sales returns and allowances is $500 and sales discount is $250, the amount of net sales is :
A: $1000
B: $1250
C: $1500
D: $1750

答案：

B

举一反三

If the revenue from sales of a company is $2000,sales returns and allowances is $500 and sales discount is $250,the amount of net sales is: A: $1,000 B: $1,250 C: $1,500 D: $1,750
If a firm had sales of 60,000 during a period and sales returns and allowances of 3,000, its net sales were: A: 63,000 B: 60,000 C: 57,000 D: 3,000
Which statement is true? A: The Sales account is used to record only sales on account. B: Gross profit is the excess of sales revenue over cost of goods sold. C: A service company purchases products from suppliers and then sells them. D: Purchase returns and allowances increase the net amount of purchases.
Net sales is calculated by A: subtracting cost of sales from sales. B: subtracting sales returns and sales discounts from sales. C: subtracting sales returns, cost of sales, and sales discounts from sales. D: subtracting gross profit from sales.
The number of days' sales uncollected is calculated by: A: Dividing accounts receivable by net sales. B: Dividing accounts receivable by net sales and multiplying by 365. C: Dividing net sales by accounts receivable. D: Dividing net sales by accounts receivable and multiplying by 365. E: Multiplying net sales by accounts receivable and dividing by 365.

内容

0
The gross profit percentage is calculated as: A: cost of goods sold divided by net sales revenue. B: net sales revenue minus gross profit on sales. C: net sales revenue minus cost of goods sold. D: gross profit divided by net sales revenue.
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