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The following transactions were selected from the records of Blue Mountain Company: July 12 Sold merchandise to Customer Rob, who charged the $4,100 purchase on
The following transactions were selected from the records of Blue Mountain Company: July 12 Sold merchandise to Customer Rob, who charged the $4,100 purchase on his Visa credit card. Visa charges Blue Mountain a 2 percent credit card fee. 15 Sold merchandise to Customer Sally at an invoice price of $10,100; terms 2/10, n/30. 20 Sold merchandise to customer Tom at an invoice price of $4,900; terms 2/10, n/30. 23 Collected payment from Customer Sally from July 15 sale. Aug. 25 Collected payment from Customer tom from July 20 sale. Required: compute net sales for the two months ended August 31. Net sales
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