Question
calulate the net income for the company Nov. 20 Sold two items of merchandise to Cheryl Jahn, who paid the $440 sales price in cash.
calulate the net income for the company
Nov. 20
Sold two items of merchandise to Cheryl Jahn, who paid the $440 sales price in cash. The goods cost Bears $330. | |
25 | Sold 20 items of merchandise to Vasko Athletics at a selling price of $4,300 (total); terms 3/10, n/30. The goods cost Bears $2,650. |
28 | Sold 10 identical items of merchandise to Nancys Gym at a selling price of $6,300 (total); terms 3/10, n/30. The goods cost Bears $4,150. |
29 | Nancys Gym returned one of the items purchased on the 28th. The item was in perfect condition and credit was given to the customer. |
Dec. 6 | Nancys Gym paid the account balance in full. |
30 | Vasko Athletics paid in full for the invoice of November 25. |
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