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Conrad Company reported the following balances at June 30, 2018:
Sales Revenue $16,200
Sales Returns and Allowances 600
Sales Discounts 300
Cost of Goods Sold 7,500
Net sales for the month is:___.
a. $15,600.
b. $16,200.
c. $7,800.
d. $15,300.

Respuesta :

abiolataiwo2015

Answer:

d. $15,300

Explanation:

Calculation to determine what Net sales for the month is

Using this formula

Net sales=Sales Revenue -Sales Returns and Allowances-Sales Discounts

Let plug in the formula

Net sales=$16,200-$600-$300

Net sales=$15,300

Therefore Net sales for the month is $15,300

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