The following transactions were selected from among those completed by Gunzo Wholesalers in 2011:

Nov. 20 Sold two items of merchandise to Brigitte, who charged the \(\$ 800\) sales amount on her Visa credit card. Visa charges Gunzo a 2 percent credit card fee.

25 Sold 20 items of merchandise to Clara for \(\$ 5,000\); terms \(2 / 10, \mathrm{n} / 30\).

28 Sold 10 identical items of merchandise to David for \(\$ 6,000\); terms \(2 / 10, n / 30\).

30 David returned one of the items purchased on the 28th; the item was defective, and credit was given to the customer.

Dec. 6 David paid the account balance in full.

30 Clara paid in full the amount due for the purchase on November 25, 2011.

Required:

1. Assume that sales discounts and credit card discounts are treated as contra revenues; compute net sales for the two months ended December 31, 2011.

2. Prepare the journal entries to record the transactions that occurred on November 20, 25, and December 30.