Sales, Net Sales, Gross Profit: SALES 102
Автор: My First Accounting
Загружено: 2024-12-29
Просмотров: 15
Sales, Net Sales, Gross Profit: SALES 102
Sales $240,000
Sales Returns and Allowances $25,000
Net Sales $215,000
Cost of Goods Sold (COGS) $160,000
Gross Profit $55,000
Net Sales = Sales - Sales Returns and Allowances
Net Sales = $240,000 - $25,000 = $215,000
Gross Profit = Net Sales - Cost of Goods Sold (COGS)
Gross Profit = $215,000 - $160,000 = $55,000

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