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1 The following transactions were selected from the records of OceanView Company: July 12 10 Sold merchandise to Customer R, who charged the $3,000
1 The following transactions were selected from the records of OceanView Company: July 12 10 Sold merchandise to Customer R, who charged the $3,000 purchase on his Visa credit card. Visa charges OceanView a 2 percent credit card fee. points July 15 July 20 July 23 Sold merchandise to Customer S at an invoice price of $9,000; terms 3/10, n/30. Sold merchandise to Customer T at an invoice price of $4,000; terms 3/10, n/30. Collected payment from Customer S from July 15 sale. eBook August 25 Collected payment from Customer T from July 20 sale. Print Required: References Assuming that Sales Discounts and Credit Card Discounts are treated as contra-revenues, compute net sales for the two months ended August 31. Net sales $ 15,760 Check my work
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