Exercise 4-11 Computing net sales for multiple-step income statemen A company reports the following sales...

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Exercise 4-11 Computing net sales for multiple-step income statemen A company reports the following sales related information. Sales, gross Sales discounts $ 275,000 Sales returns and allowances 5,500 Sales salaries expense $ 18,000 11,500 Prepare the net sales portion only of this company's multiple-step income statement Multiple-Step Income Statement (Partial) Net sales

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