Question: question is in picture 2 E6-3 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales LO6-1 4 points eBook
2 E6-3 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales LO6-1 4 points eBook The following transactions were selected from among those completed by Bennett Retailers in November and December Nov. 20 sold 20 itens of merchandise to Customer B at an Invoice price of $6,200 (total); terma 3/10, n/30. 25 sold two itens of merchandise to custoer e, who charged the $400 (total) sales price on her visa credit card. Visa charges Bennett Retailers a 1 percent credit card fee. 28 Bold 10 identical tons of merchandise to customer at an invoice price of $10,000 (total) cerns 3/10, 1/30. 29 Customer returned one of the items purchased on the 28th, the item was defective and credit was given to the customer Dec. 6 Customer paid the account balance in full. 20 Customer 3 paid in full for the invoice of November 20. Required: Assume that Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts are treated as contra-revenues, compute net sales for the two months ended December 31. (Do not round your Intermediate calculations. Round your answer to the nearest whole dollar amount.) Hint Print References Net sales
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