No explanation needed, just correct answer please.
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Answer:
The net sales for last month were <u>$19,525</u>.
Step-by-step explanation:
Given:
Last month sales were $24,000.
Discounts is $3,500 and $975 in returns.
Now, to get the net sales for last month.
So, we deduct the discount:
<em>Sales - discounts</em> =
Then, we deduct the returns from the remaining amount:
<em>Sales after discounts - returns</em> =
=
Therefore, the net sales for last month were $19,525.