Solution-Find the net sales and cost of goods sold

Find the net sales and cost of goods sold

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Reference no: EM131629231

Question: For 2011 Cassandra's DVD Shop had gross sales of $597,341; sales returns and allowances of $10,514; beginning inventory cost of $38,917; cost of purchases, $261,053; and year-end inventory of $42,013. Find the net sales, cost of goods sold, and gross profit from sales.

Reference no: EM131629231

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Find the net sales and cost of goods sold

Reference no: EM131629231

Reference no: EM131629231

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