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Create the net sales portion only of the company

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Net sales computation for multiple-step income statement

A company reports the following sales-related information.

Sales, gross                            $ 295,000

Sales returns and allowances       $ 22,000

Sales discounts                        5,900

Sales salaries expense               11,900

Question 1: Prepare the net sales portion only of this company's multiple-step income statement.

Reference no: EM132493429

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