HOW DO I FIND NET CREDIT SALES OF A COMPANY? I AM TRYING TO CALCULATE BEST...
HOW DO I FIND NET CREDIT SALES OF A COMPANY?
I AM TRYING TO CALCULATE BEST BUY ACCOUNT RECEIVABLE TURNOVER FOR THE YEAR 2018 BUT I CANNOT FIGURE OUT THE NET CREDIT SALES.
Homework Answers
Net Credit sales is also known as Net sales that is seen on the Income Statement. If you ever have any information on sales done through extension of a credit, then you may have to take off that sales returns from the sales, you'll get the Net Credit sales. If the company's income statement doesn't show it, you have to treat Net Credit Sales as Net Sales.
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HOW DO I FIND NET CREDIT SALES OF A COMPANY?
I AM TRYING TO CALCULATE BEST...
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