Net Sales Formula |
| \( NS \;=\; GS - R - D - A \) |
| Symbol |
| \( NS \) = net sales |
| \( A \) = allowances |
| \( D \) = discounts |
| \( GS \) = gross sales |
| \( R \) = sales returns |
Net sales, abbreviated as NS, is the total sales after accounting for discounts given, items returned, and allowances (adjustments for damaged goods).
