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anacions were selected from the records of OceanVlew Company July 12 Sold merchandise to Customer R, who charged the $4,900 purchase on his Visa credit
anacions were selected from the records of OceanVlew Company July 12 Sold merchandise to Customer R, who charged the $4,900 purchase on his Visa credit card. Visa charges OceanView a 2 percent credit card fee. 15 3/10, n.30. Sold merchandise to CustomerT at an invoice price of $5,600; terms 3/10, n/30 23 Collected payment from Customer S from July 15 sale. Required Assuming that Sales Discounts and Credit Card Discounts are treated as contra-revenues, compute net sales for the two months ended August 31 sales
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