Sales, Revenue, net sales



Net sale are gross sales minus sales returns, customer discounts and Allowances

Net sales = (A) Gross sales – (B) Sales of returns, allowances and discounts

Gross sales (A):
Sales of returns and allowances (B):

Gross sales (A) =
Sales of returns and allowances (B) =

Sales, Revenue, Net sales, sales revenue = 0 (A - B)


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