1 During the months of January and February, Hancock Corporation sold goods to three customers. The sequence of events was as follows: 4 points Skipped eBook Hint Print References January 6 January 6. January 14 February 2 February 28 Sold goods for $1,500 to S. Green and billed that amount subject to terms 2/10, n/30. Sold goods to M. Munoz for $850 and billed that amount subject to terms 2/10, n/30. Collected cash due from S. Green. Collected cash due from M. Munoz. Sold goods for $400 to R. Reynolds and billed that amount subject to terms 2/10, n/45. Required: Assuming that Sales Discounts is treated as a contra-revenue, compute net sales for the two months ended February 28. Net sales

During the months of January and February. Hancock Coiporation sold goods to three customers. The sequence of events was as follows. Required: Assuming that Sales Discounts is treated as a contra-revenue, compute net sales for the two months ended February 28