How do you determine net sales?

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2007-07-13 15:23:27 · 4 answers · asked by Jessica 1 in Business & Finance ➔ Taxes ➔ Other - Taxes

Sales minus returns and/or allowances = net sales.

Otherwise, use a "fishnet"

2007-07-17 09:00:19 · answer #1 · answered by bold4bs 4 · 0⤊ 0⤋

Gross Sales - Returns & Allowances = Net Sales

Expenses are used in the calculation of Net Income but are not used in the calculation of Net Sales.

2007-07-14 06:37:11 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋

You take your total sales figures and subtract all expenses and that will give you your net sales.

2007-07-13 15:32:57 · answer #3 · answered by Jeremy G 4 · 0⤊ 1⤋

fill out a HUD-1 form.

2016-05-17 07:14:48 · answer #4 · answered by eda 3 · 0⤊ 0⤋