The definition of net sales is sales minus sales discounts, sales returns, and sales allowances.
What is the definition of net sales?
Related Questions
To learn more, see the Related Topics listed below:
The definition of net sales is sales minus sales discounts, sales returns, and sales allowances.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com