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The formula for determining net sales is: cash sales plus credit sales, minus returns and allowances. Cash and credit sales are treated differently during the month until figuring ...

Sales (accounting)


In bookkeeping, accounting, and finance, Net sales are operating revenues earned by a company for selling its products or rendering its services. Also referred ...

Net Sales Definition - AccountingTools


Definition: Net sales is total revenue, less the cost of sales returns, allowances ... of $5,000, and discounts of $15,000, then its net sales are calculated as follows:.

Net Sales: Definition & Formula | Study.com


When calculating net sales, several numbers need to be identified. The company needs to ... Now that we have the variables defined, we can calculate net sales:.

Net Sales Formula - Online Calculator - A-Systems


Formula: Net Sales = Gross Sales - Sales of Returns and Allowances ... To account for this, you can calculate net sales by subtracting returns and allowances ...

How to Determine Net Sales on an Income Statement | Chron.com


The net sales figure is what remains after all sales discounts, returns and ... Calculate his discount by multiplying $10,000 by 2 percent, which is $200.

How to Calculate Net Sales: 9 Steps - wikiHow


Sep 22, 2015 ... How to Calculate Net Sales. Your company's sales represent amounts you are paid for selling a product or service. However, you may not ...

How to Calculate Net Sales -- The Motley Fool


May 27, 2015 ... The distinction between net sales and gross sales is much more than an accounting detail. Using a real-life example from Apple, let's take a ...

Net Sales Definition & Example | Investing Answers


Net sales usually refers to a company's revenue net of discounts and returns. ... other costs (those are typically incorporated in the operating income calculation).

Net Sales Definition | Investopedia


The sales number reported on a company's financial statements is a net sales ... Companies make choices and assumptions in calculating depreciation, and you  ...

Popular Q&A
Q: How to Calculate Net Sales?
A: Net Sales = Sales - Returns - Discounts. Sales Revenue. less Sales Returns. = Net sales. There is no sales discount indicated. Read More »
Source: answers.yahoo.com
Q: Example of Calculating Net Sales.
A: Net sales are found on the income statement. Sales are the dollar amount of goods and services a company earned during a specific time period. Net sales is the ... Read More »
Source: www.ehow.com
Q: How Do You Calculate Net Sales?
A: Gross sales is total sales revenue from all products and services, excluding any sales tax payments. Net sales is gross sales minus sales returns, sales discoun... Read More »
Source: www.ehow.com
Q: How do you calculate net sales in accounting?
A: Add up your income from all sources to determine your total gross sales,... Read More »
Source: www.chacha.com
Q: How do you calculate net sales?
A: Net Sales = Gross Sales - Returns and Allowances. Read More »
Source: www.chacha.com