he company recorded a net loss of P205,000 for the year just ended. Total operating expenses was

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he company recorded a net loss of P205,000 for the year just ended. Total operating expenses was P3,786,000, cost of sales was P1,831,300, and sales discount was P90,890. How much is the gross sales that the company generated during the year?

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Financial Accounting and Reporting a Global Perspective

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4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Aug 12, 2023 04:17 AM

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he company recorded a net loss of P205,000 for the year just ended. Total operating expenses was

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The formula to calculate gross sales is Gross Sales Net Loss Total Operating Expense... View the full answer

Financial Accounting and Reporting a Global Perspective

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