Garza Company had sales of $155,000, sales discounts of $2,325, and sales returns of $3,720. Garza Company's net sales equals:Multiple Choice$155,000.O$152,675.$6,045.$161,045.$148,955.

Step 1:The net sales are computed by deducting sales discounts and sales returns from the total…

Answered: Garza Company had sales of $155,000,…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 19Q: The following is select account information for Sunrise Motors. Sales: $256,400; Sales Returns and...

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Garza Company had sales of $155,000, sales discounts of $2,325, and sales returns of $3,720. Garza Company's net sales equals: Multiple Choice $155,000. O $152,675. $6,045. $161,045. $148,955.