Average credit given by Pesh at a certain trading period to his debtors was 25 days, and the average money owed to Pesh by his debtors was $48,000. Her sales, before deducting sales returns, were $713,100, and her overhead expenses were $105,120. Determine the sales returns for this period.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 10EB: Starlight Enterprises has net credit sales for 2019 in the amount of $2,600,325, beginning accounts...
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Average credit given by Pesh at a certain trading period to his debtors was 25 days, and the average money owed to Pesh by his debtors was $48,000. Her sales, before deducting sales returns, were $713,100, and her overhead expenses were $105,120. Determine the sales returns for this period.

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