Help Save & Exit Submit 5 6 points The following transactions were selected from among those completed by Bear's Retail Store: Nov. 20 sold two items of merchandise to Cheryl Jahn, who paid the $530 total) sales price in cash. The goods cost Bear's 5400 25 Sold 20 itens of merchandise to Vasko Athletics at a selling price of $4,500 (total) terma 1/10, 1/30. The goods coat Bear's 52,950. 28 Bold 10 identical itens of merchandise to Nancy's Oyn at selling price of $6,900 total) terns 3/10, 1/30. goods cost Bear's 54,450. 29 Nancy's cyn returned one of the items purchased on the 28th. The item was in perfect condition and credit was given to the customer Dee. Many's dys paid the account balance in full. 30 Vasko Athieties paid in full for the invoice of November 25. Required: Compute the net sales revenue to be reported over the two months. (Do not round intermediate calculations. Round your answer to 2 decimal places.) The Book Nat Sales Revenue 6 During its first year of operations, Tron Auto Dealership (TAD) bought vehicles from a manufacturer on account at a cost of $613,000. TAD returned $157,000 of these vehicles to the manufacturer for credit on its account. TAD then sold $385,000 of the remaining vehicles at a cash selling price of $690,000. TAD's customers rarely return vehicles, so TAD records sales returns only as they occur. One customer did return a vehicle to TAD, which had been sold to the customer for $142,000. The vehicle was in perfect condition, so it was put back into TAD's inventory at TAD's cost of $81,000. Prepare journal entries to record these transactions, assuming TAD uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) 15 points Ook View transaction list Print X A Record the purchase of vehicles from a manufacturer on account for $613,000 > 613,000 Record the return of vehicles by the manufacturer at $157,000. C Record the sale of vehicles at $690,000. Record the cost of vehicles sold at $385,000. Credit E Record the return of vehicles by the customer at $142,000. F Record the cost of vehicles returned at $81,000. Note : - Journal entry has been entered 7 10 points A company separately sells home security equipment and 12 months of system monitoring service for $190 and $380, respectively. The company sells an equipment/monitoring bundle on January 1 for a total price of $540. The monitoring service begins immediately after the equipment is delivered and installed on January 1. Required: 1. Determine the dollars of revenue that should be allocated to the equipment for each bundled sale. 2. Determine the dollars of revenue that should be allocated to the service for each bundled sale. 3. Determine the dollars of Sales Revenue and Service Revenue from the January 1 bundled sale that should be reported in the income statement for the period January 1-31. (For all requirements, Do not round Intermediate calculations.) Book Print 1. Revenue allocated to the equipment for each bundled sale (in dollars) 2. Revenue allocated to the service for each bundled sale in dollars) 3. Sales Revenue to be reported in income statement in dollars) Service Revenue to be reported in income statement in dollars) The following transactions were selected from among those completed by Bear's Retail Store: 5 6 points Nov. 20 Sold two items of merchandise to Cheryl Jahn, who paid the $S30 (total) sales price in cash. The goods cost Dear's $400. 25 Sold 20 itens of merchandise to Vasko Athletics at a selling price of $4,900 (total); terns 3/10, 1/30. The 26 sold 10 identical items of merchandise to Nancy's Gym at a selling price of $6,900 (total); teras 3/10, 1/30. 29 Nancy's Gym returned one of the items purchased on the 28th. The item was in perfect condition and credit was given to the customer. Dee. 6 Nancy's Gym paid the account balance in full. 30 Vasko Athletics paid in full for the invoice of November 25. Required: Compute the net sales revenue to be reported over the two months. (Do not round intermediate calculations. Round your answer to 2 decimal places.) eBook Print Net Sales Revenue