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3 4 points Skipped eBook Hint Print References The following transactions were selected from among those completed by Bennett Retailers in November and December: Sold

3 4 points Skipped eBook Hint Print References The following transactions were selected from among those completed by Bennett Retailers in November and December: Sold 20 items of merchandise to Customer B at an invoice price of $5,500 (total); terms 3/10, n/30. Sold two items of merchandise to Customer C, who charged the $400 (total) sales price on her Visa credit card. Visa charges Bennett Retailers a 2 percent credit card fee. Sold 10 identical items of merchandise to Customer D at an invoice price of $9,000 (total); terms 3/10, n/30. Customer D returned one of the items purchased on the 28th; the item was defective and credit was given to the customer. November 20 November 25 November 28 November 29 December 6 December 20 Customer D paid the account balance in full. Customer B paid in full for the invoice of November 20. Required: Assume that Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts are treated as contra-revenues; compute net sales for the two months ended December 31. Note: Do not round your intermediate calculations. Net sales
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The following transactions were selected from among those completed by Bennett Retalless in November and December: Fownatier 20 IVovrater 25 bewenter 28 Noventer 29 Decenter 6 . Decenber 20 Sold tie iteis of merchandise to Custemer C, tho clarged the $400 (total) vales price on her visa credit. card. Visa charges fentiett Retallers a 2 percent credit card fee. Customer D refurned eee of the Itens porchased on the zath; the iten was defective and credit was given to the custower. Custoner D paid the account balance in full. customer 8 paid in full for the invoice of liowember 20. Required: Assume that Sales Retums and Allowances. Sales Discounts, and Credit Card Discounts are treated as contro-tevenues, compute net sales for the two months ended December 31. Note: Do not round your intermediote caleulations

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