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Calculate net sales for the year

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Question - The following amounts appeared in the adjusted trail balance of company X for the year.

Sales revenue - credit balance of 92000

Deferred revenue - credit balance of 28000

Sales discounts - debit balance of 8000

Cost of sales - debit balance of 26000

Sales returns and allowances - debit balance of 5000

Delivery expenses - debit balance of 7600

Required - Calculate net sales for the year?

Reference no: EM133092329

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