need help with problems E6-1 and E6-3 help with both please

Reconciling em a. Outstanding checks b. Bank service charge c. Deposit in transit M6-7 de Chapter Supplement) Recording Sales Discounts A sale is made for $6.00; terms me yje, 0. Al what amount should the sale the gross method of recording les discounts Give the required entry. Also give the assuming that it is during the discount period. Rinwind Assume contrare Determi EXERCISES connect Returns Braze S cosas decrease E6-1 LO8-1 Reporting Net Sales with Credit Sales and Sales Discounts During the month of January and February. Hancock Corporation sold goods to the customers. The sequence of events was as follows: July Jan 6 6 14 2 28 Sold goods for $1.500 to S Green and Dilled that amount subject to terms 2/10, /30 Sold goods to M Muro for $850 and bited that amount subject to terms 2/10, 1/30. Collected cash due from 5. Green Collected cash from M. Munoz Sold goods for $500 1 R Reynolds and bied that amount subject to terms 2/10:45 Feb Regard Assuming that Sales Discounts is treated as a contra-revenue, compute net sales for the two months ended Rebruary 28 and Credit Card Sales sa credit card Evaluat ment Ch LOG- Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales The following transactions were selected from among those completed by Cadence Retailers in Novem- ber and December: bany's books or Nov. 20 25 ement 28 Sold 20 items of merchandise to Customer B at an invoice price of $5,500 (total): terms 3/10, n/30 Sold two items of merchandise to Customer C, who charged the $400 sales price on her Visa credit card. Visa charges Cadence Retailers a 2 percent credit card fee. Sold 10 identical items of merchandise to Customer D at an invoice price of $9,000 (total): terms 3/10, 1/30. Customer returned one of the items purchased on the 28th: the item was defective, and credit was given to the customer Customer D paid the account balance in full. Customer B paid in full for the invoice of November 20, 2013 29 Dec. 6 20 recorded under ollection entry Required: Assume that Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts are treated as contra-revenues, compute net sales for the two months ended December 21 E6-4