The following transactions were selected from among those completed by Hailey Retailers in 2020:

Nov.	20		Sold two items of merchandise to Baja, who charged the $250 sales amount on her Visa credit card. Visa charges Hailey a 2 percent credit card fee.
	25		Sold 24 items of merchandise to Christine for $4,800; terms 2/10, n/30.
	28		Sold 22 identical items of merchandise to Daoud for $8,800; terms 2/10, n/30.
	30		Daoud returned one of the items purchased on the 28th; the item was defective, and credit was given to the customer.
Dec.	6		Daoud paid the account balance in full.
	30		Christine paid in full the amount due for the purchase on November 25, 2020.

1. Prepare the appropriate journal entry for each of these transactions, assuming the company uses the gross method to record sales revenue. Do not record the cost of sales.

a. Record the sale of 2 items to Baja and receipt by credit card with a 2% card fee.

b. Record the sale of 24 items to Christine, terms 2/10, n/30.

c. Record the sale of 22 items to Daoud, terms 2/10, n/30.

d. Record the sale return of 1 item from Daoud.

e. Record the receipt in settlement of Daoud account.

f. Record the receipt in settlement of Christine's Nov 25th purchase.

2. Assuming that sales discounts and credit card discounts are treated as contra revenues, compute net sales for the two months ended December 31, 2020.

Net Sales =