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Prentice Company had cash sales of $89,275, credit sales of $86,450, sales returns and allowances of $1,900, and sales discounts of $3,875. Calculate Prentice's net sales for this period.

Prentice Company had cash sales of $89,275, credit sales of $86,450, sales returns and allowances of $1,900, and sales discounts of $3,875. Calculate Prentice's net sales for this period.

Principles of Accounting Volume 1
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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Prentice Company had cash sales of $89,275, credit sales of $86,450, sales returns and allowances of $1,900, and sales discounts of $3,875. Calculate Prentice's net sales for this period.
Transcribed Image Text:Prentice Company had cash sales of $89,275, credit sales of $86,450, sales returns and allowances of $1,900, and sales discounts of $3,875. Calculate Prentice's net sales for this period.
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