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Gibson Enterprises had sales of $189,500, sales discounts of $3,150, and sales returns of $4,900. What are Gibson Enterprises' net sales?

Gibson Enterprises had sales of $189,500, sales discounts of $3,150, and sales returns of $4,900. What are Gibson Enterprises' net sales?

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 5EB: During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of...
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Gibson Enterprises had sales of $189,500, sales discounts of $3,150, and sales returns of $4,900. What are Gibson Enterprises' net sales?
Transcribed Image Text:Gibson Enterprises had sales of $189,500, sales discounts of $3,150, and sales returns of $4,900. What are Gibson Enterprises' net sales?
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