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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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