January 6, 2009
What is the definition of net sales?
The definition of net sales is sales minus sales discounts, sales returns, and sales allowances.
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6 Responses to “What is the definition of net sales?”
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where is income tax posted for partner ship firm in account books
Debit side On Profit & Loss A/C
i really like the way u explain the accounting question.
i really like the way u explain the accounting question.keep it up
I WOULD LIKE TO SEE THE PRESENTATION OF INCOME STATEMENTWITH ITS ALL ENTRIES
Basically, the ‘net sales’ is the difference between the Sales and the Sales return of the Company