Given the following, calculate net sales and net purchases: Gross sales Sales returns and allowances Sales discounts
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Gross sales Sales returns and allowances Sales discounts $50 Gross purchases $46 4 2 Purchase returns and allowance 8 2 Purchase discounts
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College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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