You own a jewelry store, and sales last month were $19,000. you had $3,000 in discounts and $1,750 in returns. calculate your net sales for last month.

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asked Dec 19, 2019 117k views

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McFarlane · Answer 1 · 2019-12-24T14:31:00+0000

To find your net sales you will follow the equation:
Net sales = Gross sales - returns, allowances and discounts

Gross sales = $19,000
Returns = $1,750
Discounts = $3,000

Net sales = $19,000 - $1,750 - $3,000
Net sales = $14,250

You own a jewelry store, and sales last month were $19,000. you had $3,000 in discounts and $1,750 in returns. calculate your net sales for last month.

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