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Hardware Restoration reports net sales of $50,000. If sales returns and allowances are $10,000 and sales discounts are $1,500, what are gross sales?

Hardware Restoration reports net sales of $50,000. If sales returns and allowances are $10,000 and sales discounts are $1,500, what are gross sales?
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4 votes
Hardware Restoration reports net sales of $50,000. If sales returns and allowances are $10,000 and sales discounts are $1,500, what are gross sales?

asked
User Marzagao
by
7.8k points

2 Answers

4 votes
The correct answer is $61,500.00
answered
User Midhun Mundayadan
by
8.4k points
6 votes
39500 39500 is the answer
answered
User Marco V
by
8.5k points
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