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    trt2009's Avatar
    trt2009 Posts: 1, Reputation: 1
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    #1

    May 24, 2009, 08:03 AM
    how do you compute net sales revenue
    Les Fleurs, a boutigue in Paris, France, had the following accounts in its accounting records at December 31, 20X2

    Purchases E250,000 Freight In E8,000
    Sales Discounts 4,000 Purchase returns 7,000
    Inventory Sales 400,000
    December 31, 20X1 30,000 Purchase discounts 3,000
    December 31, 20X2 Sales returns 8,000

    Compute the following for Les Fleurs during 20X2

    1. Net sales revenues
    2. Cost of goods sold
    3. Gross profit:confused
    :confused:
    missel44's Avatar
    missel44 Posts: 1, Reputation: 1
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    #2

    Aug 13, 2010, 12:56 PM
    Quote Originally Posted by trt2009 View Post
    Les Fleurs, a boutigue in Paris, France, had the following accounts in its accounting records at December 31, 20X2

    Purchases E250,000 Freight In E8,000
    Sales Discounts 4,000 Purchase returns 7,000
    Inventory Sales 400,000
    December 31, 20X1 30,000 Purchase discounts 3,000
    December 31, 20X2 Sales returns 8,000

    Compute the following for Les Fleurs during 20X2

    1. Net sales revenues
    2. Cost of goods sold
    3. Gross profit:confused
    :confused:
    I need some help with this one also can you please help??
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