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  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 4: Accounting for Merchandising Businesses
  5. Question
    Net Sales Is Calculated by Subtracting Cost of Goods Sold
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Net Sales Is Calculated by Subtracting Cost of Goods Sold

Question 14

Question 14

True/False

Net sales is calculated by subtracting cost of goods sold from sales revenue.

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