Question
During the month of April a company had the following transactions related to sales Sold $55,000 of goods for cash, Sold $375 000 of
During the month of April a company had the following transactions related to sales Sold $55,000 of goods for cash, Sold $375 000 of goons on account with terms of 2/10, n230, cutomers settled 5250.000 of this amount within 10 days of their purchases. Sold $425,000 of goods to customers who used bank credit cards The merchant fee for these transactions was 3 percent of the purchase. Refunded $3,000 to customers who returned products Based on this information calculate the company's (o) total or gross sales venue, (o) net sales revenue and (c) sales related expenses for the month of April. Show your drork
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