What is Meena's Net Sales Revenue? The following transactions are for Meena's Marshmallows: March 1st: Sold
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The following transactions are for Meena's Marshmallows: • March 1st: Sold marshmallows to a grocery store for $8,000, using terms 5/10, n/30 • March 3rd: Sold marshmallows to a customer for $50. The customer used a credit card which charged a 2% fee. • March 5th: Sold marshmallows to a large supermarket for $2,600, using terms 3/10, n/30 • March 7th: Received payment from the grocery store for the marshmallows sold on March 1st. • March 20th: Received payment from the grocery store for the marshmallows sold on March 5th. The following transactions are for Meena's Marshmallows: • March 1st: Sold marshmallows to a grocery store for $8,000, using terms 5/10, n/30 • March 3rd: Sold marshmallows to a customer for $50. The customer used a credit card which charged a 2% fee. • March 5th: Sold marshmallows to a large supermarket for $2,600, using terms 3/10, n/30 • March 7th: Received payment from the grocery store for the marshmallows sold on March 1st. • March 20th: Received payment from the grocery store for the marshmallows sold on March 5th.
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Related Book For
Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
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