Question: Exercise 5-11 Net sales computation for multiple-step income statement LO P4 A company reports the following sales-related information. Sales, gross Sales discounts $ 295,000 Sales

Exercise 5-11 Net sales computation for multiple-step income statement LO P4 A company reports the following sales-related information. Sales, gross Sales discounts $ 295,000 Sales returns and allowances 5,900 Sales salaries expense $ 22,000 11,900 Prepare the net sales portion only of this company's multiple-step income statement. Multiple-Step Income Statement (Partial) Net sales

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