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question is in picture 1 E6-2 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, and Credit Card Sales L06-1 points The following transactions were
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1 E6-2 (Algo) Reporting Net Sales with Credit Sales, Sales Discounts, and Credit Card Sales L06-1 points The following transactions were selected from the records of Oceanview Company July 12 sold nerchandise to customers who charged the $3,900 parchase on i vise credit card. Va charge DOMARLOW * 2 percent credit card fee. 15 Sold merchandise to customer Satan invoice pion of $10,700 terne 3/10, 1/30. 20 fold merchandise to customer t at an invoice price of $5,3001 tena 3/10, 1/30 23 Collected payment from Customer from y 15 al Aug. 25 collected payment from Cotone 1 from July 30 male Required: Assuming that Sales Discounts and Credit Card Discounts are treated as contra revenues, compute net sales for the two months ended August 31 Answer is complete but not entirely correct. Netsalon 18.420 Step by Step Solution
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