Using the following data, compute net sales.Sales discounts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 50,000Accounts receivable, ending. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125,000Gross sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,500,000Inventory, ending. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200,000Sales returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75,000View Solution:
Using the following data compute net sales Sales discounts



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