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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.
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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