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E6-14 Reporting Net Sales for the following information The following transactions were selected from the records of Evergreen Company: July 12 Sold merchandise to Wally

E6-14 Reporting Net Sales for the following information

The following transactions were selected from the records of Evergreen Company:

July 12

Sold merchandise to Wally Butler, who paid the $960 purchase with cash. The goods cost Evergreen Company $580.

15

Sold merchandise to Claudios Chair Company at a selling price of $4,960 on terms 3/10, n/30. The goods cost Evergreen Company $3,480.

20

Sold merchandise to Ottos Ottomans at a selling price of $2,980 on terms 3/10, n/30. The goods cost Evergreen Company $1,880.

23 Collected payment from Claudios Chair Company from the July 15 sale.
Aug. 25 Collected payment from Ottos Ottomans from the July 20 sale.

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