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Definition of Gross sales
1. Noun. Income (at invoice values) received for goods and services over some given period of time.
Definition of Gross sales
1. Noun. (plural only business accounting) The total invoice value of sales, before deducting customers' discounts, returns, or allowances. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Gross Sales
Literary usage of Gross sales
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Popular Science Monthly (1894)
"Healthy, well-managed orchards probably average gross sales of $100 per acre,
taking all classes of fruit together, and one season with another, ..."
2. Principles of Accounting by Albert Claire Hodge, james Oscar McKinsey (1920)
"The foregoing illustration shows a curve for the gross sales of ... Comparison of
gross sales with net sales. In the tabulation previously given of the more ..."
3. Investment Analysis: Fundamentals in the Analysis of Investment Securities by Walter Edwards Lagerquist (1921)
"gross sales, Gross Revenue, Gross Earnings.—In any instance, whatever form of
statement is used, the gross revenue account used should indicate the total ..."
4. Business Costs by De Witt Carl Eggleston, Frederick Bertrand Robinson (1921)
"The difference between the gross sales and the return sales for a period gives
... The cost of gross sales less the cost of return sales gives the net cost ..."
5. Proceedings of the ... Annual Conference Under the Auspices of the National by National Tax Association (1922)
"The effect is practically to tax their gross profits as opposed to the retailer's
gross sales. It was felt that the increase in va'ue between the sales ..."
6. The Revised Reports: Being a Republication of Such Cases in the English by Frederick Pollock, Robert Campbell, Oliver Augustus Saunders, Arthur Beresford Cane, Joseph Gerald Pease, William Bowstead, Great Britain Courts (1905)
"The amount of the gross sales must first be taken, from that the usual charges
are to be deducted, and the Gl. per cent, is to be calculated on the residue. ..."
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