Net sales revenue is calculated by ________.
A) subtracting cost of goods sold from sales revenue
B) subtracting sales discounts and selling expenses from sales revenue
C) adding sales discounts and sales returns and allowances to sales revenue
D) subtracting sales discounts and estimated sales returns and allowances from sales revenue

Question

Quizplus · Accepted Answer

Net sales revenue is the amount of revenue generated from sales after deducting any sales discounts and estimated sales returns and allowances. Option D correctly subtracts these two items from the total sales revenue to arrive at the net sales revenue.

Net Sales Revenue Is Calculated by ________