Answered: Cascade Retailers had cash sales of…

Cascade Retailers had cash sales of $62,480, credit sales of$45,760, sales returns and allowances of $9,310, and sales discounts of $6,400. What is the company's net sales for this period?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 22Q: The following is select account information for August Sundries. Sales: $850,360; Sales Returns and...

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Cascade Retailers had cash sales of $62,480, credit sales of$45,760, sales returns and allowances of $9,310, and sales discounts of $6,400. What is the company's net sales for this period?

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