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Check m es E6-11 (Algo) Reporting Net Sales after Sales Discounts [LO 6-4] The following transactions were selected from the records of Evergreen Company July
Check m es E6-11 (Algo) Reporting Net Sales after Sales Discounts [LO 6-4] The following transactions were selected from the records of Evergreen Company July 12 Sold merchandise to Wally Butler, who paid the $1,100 purchase with cash. The goods cost Evergreen Company $650. July 17 Sold merchandise to Claudio's Chair Company at a selling price of $5,100 on terms 3/10, n/30. The goods cost Evergreen Company $3,550. July 18 Sold merchandise to Otto's Ottomans at a selling price of $3,050 on terms 3/10, n/30. The goods cost Evergreen Company $1,950. July 23 Received cash from Claudio's Chair Company for the amount due from July 17. July 31 Received cash from Otto's Ottomans for the amount due from July 18. Required: Compute the amount of Net Sales to be reported for the month ended July 31. (Round your answer to 2 decimal places.) Net Sales 13
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