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E6-11 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
E6-11 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 $860 purchase with cash. The goods cost Evergreen Company $530. 17 Sold merchandise to Claudio's Chair Company at a selling price of $4,860 on terms 3/10, n/30. The goods cost Evergreen Company $3,430. 18 Sold merchandise to Otto's Ottomans at a selling price of $2,930 on terms 3/10, n/30. The goods cost Evergreen Company $1,830. 23 Received cash from Claudio's Chair Company for the amount due from Jul-17. 31 Received cash from Otto's Ottomans for the amount due from July Jul-18. Required: Compute the amount of revenue to be reported for the month ended July 31. (Round your answer to 2 decimal places.) Revenue
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