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E 6 - 3 ( Algo ) Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales LO 6 - 1
EAlgo Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales LO
Bennett Retailers had the following transactions in November and December:
November Sold items of merchandise to Customer B at an invoice price of $total; terms n
November Sold two items of merchandise to Customer C who charged the $total sales price on her Visa credit card. Visa charges Bennett Retailers a percent credit card fee.
November Sold identical items of merchandise to Customer D at an invoice price of $total; terms n
November Customer D returned one of the items purchased on the th; the item was defective and credit was given to the customer.
December Customer D paid the account balance in full.
December Customer B paid the November invoice in full.
Required:
Compute net sales for the two months ended December
Note: Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount.
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