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E6-3 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales LO6-1 The following transactions were selected from among those

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E6-3 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales LO6-1 The following transactions were selected from among those completed by Bennett Retallers in November and December: Novenber 2050ld:20 items of merchandise to Custoner at an invoice price of $5,900 (totat): terns 2/10, n/36. Novenber 25 5old two itens of merchandise to Custoner C, who charged the s6ea (totat) sates price on her visa Novenber 28 5old 10 identical itens of nerchandise to Customer D at an involce price of s9, seo (totot): teras Novenber 29 Custoner D returned one of the itens purchased on the 28thi the iten was defective and credit was given to the custober. Decenber 6 Custaner 0 paid the account balance in futt. becenber 20 Customer 8 paid in futl for the involce of Novenber 20. Required: Assume that Sales Retums and Allowances, Sales Discounts, and Credit Card Discounts are treated as contra-revenues; compute net sales for the two months ended December 31 . Note: Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount

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