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The following transactions were selected from among those completed by Bennett Retailers in November and December: November 2 0 November 2 5 November 2 8
The following transactions were selected from among those completed by Bennett Retailers in November and December:
November
November
November
November
December
December
Sold items of merchandise to Customer B at an invoice price of $total; terms
Sold two items of merchandise to Customer C who charged the $total sales price on her Visa credit
card. Visa charges Bennett Retailers a percent credit card fee.
Sold identical items of merchandise to Customer D at an invoice price of $total; terms
Customen D returned one of the items purchased on the th; 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
Required:
Assume that Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts are treated as contrarevenues; compute net sales for the two months ended December
Note: Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount.
Answer is complete but not entirely correct.
Net sales
s
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