Respuesta :
Answer:
Alvarado Company
Amount in $ Amount in $
Sales:
Cash sales 158,800
Credit sales 307,900
Total sales 466,700
Less
sales discounts 6,210
sales returns and allowances 22,660
Total discounts, returns and allowance (28,870)
Net sales 437,830
Explanation:
Sales discounts is a discount applied to the actual selling price of an item to reduce the price (as a benefit to the buyer). Sales returns and allowances are values of the items initially sold but returned by the buyer or customer.
Net sales is the difference between the total sales (cash and credit sales) and the total allowances, discounts and returns.
