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During the months of January, Pearson Corporation sold goods to customers. Assume Pearson uses a perpetual inventory system.. The sequence of events was as follows:
During the months of January, Pearson Corporation sold goods to customers. Assume Pearson uses a perpetual inventory system.. The sequence of events was as follows: Date Transaction Jan.6 Sold goods for $1,320 to Kate Inc. with terms 1/15, n/30. The goods cost Pearson $497. Jan 10 Sold goods to Randall Corp for $1,500 with terms 1/15, n/30. The goods cost Pearson $844. Jan 19 Collected cash due from Kate Inc. What is the net sales from these transactions
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