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2. Assuming that sales discounts and credit card discounts are treated as contra revenues, compute net sales for the two months ended December 31, 2020,

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2. Assuming that sales discounts and credit card discounts are treated as contra revenues, compute net sales for the two months ended December 31, 2020, Net sales The following transactions were selected from among those completed by Halley Retailers in 2020 Nov. 20 Sold two items of merchandise to Baja, who charged the $450 sales anount on her Visa credit card. Visa charges Hailey a 2 percent credit card fee. 25 Sold 2e items of merchandise to Christine for $2,000; teras 2/10, 1/30. 28 Sold 18 identical itens of merchandise to Daoud for $9,000: terns 2/10, 1/30. 30 Daoud returned one of the itens purchased on the 28th; the item was defective, and credit was given to the customer Dec. 6 Daoud paid the account balance in full. 3e Christine paid in full the amount due for the purchase on November 25, 2020. 05 0 Required: 1. Prepare the appropriate journal entry for each of these transactions, assuming the company uses the gross method to record sales revenue. Do not record the cost of sales. (if no entry is required for a transaction/event, select "No journal entry required in the first account field.)

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