Question: Computing Net Sales : Using the following data, compute net sales. Sales discounts $ 50,000 Accounts receivable, ending 125,000 Gross sales 2,500,000 Inventory, ending 200,000

Computing Net Sales: Using the following data, compute net sales.

Sales discounts

$ 50,000

Accounts receivable, ending

125,000

Gross sales

2,500,000

Inventory, ending

200,000

Sales returns and allowances

75,000

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