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Newell Company completed the following transactions in October: Credit Sales Sales Returns Date Amount Terms Date Amount Date of Collection Oct. 3 $600 2/10, n/30

Newell Company completed the following transactions in October:

Credit Sales Sales Returns
Date Amount Terms Date Amount Date of Collection
Oct. 3 $600 2/10, n/30 Oct. 8
Oct. 11 1,700 3/10, n/30 Oct. 14 $400 Oct. 16
Oct. 17 5,000 1/10, n/30 Oct. 20 1,000 Oct. 29
Oct. 21 1,400 2/10, n/60 Oct. 23 200 Oct. 27
Oct. 23 2,300 2/10, n/30 Oct. 27 400 Oct. 28

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Indicate the cash received for each collection. Show your calculations. Date of Collection Oct. 8 Oct. 16 Oct. 29 Oct. 27 Oct. 28

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