Calculation of net sales for last month;
It is given that sales last month were $19,000. You had $3,000 in discounts and $1,750 in returns. (Note: It is assumed that sales is $19,000 instead of $19,00).
The Net Sales can be calculated with the help of following formula:
Net Sales = Sales – Discounts – Sales Return
= 19,000-3000-1750
=14,250
Hence, net sales for last month is $14,250
