In the merchandising income statement, sales will be reduced by sales discounts and sales returns and allowances to arrive at net sales 722 viewsFebruary 11, 2020 0 Darshita6.14K February 11, 2020 0 Comments In the merchandising income statement, sales will be reduced by sales discounts and sales returns and allowances to arrive at net sales 1 Answer ActiveVotedNewestOldest 0 Darshita6.14K Posted February 11, 2020 0 Comments True You are viewing 1 out of 1 answers, click here to view all answers. Register or Login