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The following transactions were selected from the records of Evergreen Company: July 12 Sold merchandise to Wally Butler, who paid the $1,200 purchase with cash.
The following transactions were selected from the records of Evergreen Company: July 12 Sold merchandise to Wally Butler, who paid the $1,200 purchase with cash. The goods cost Evergreen Company $700. July 16 Sold merchandise to Claudio's Chair Company at a selling price of $5,200 on terms 3/10, n/30. The goods cost Evergreen Company $3,600. July 19 Sold merchandise to Otto's Ottomans at a selling price of $3,100 on terms 3/10, n/30. The goods cost Evergreen Company $2,000. July 23 Received cash from Claudio's Chair Company for the amount due from July 16. July 31 Received cash from Otto's Ottomans for the amount due from July 19. Required: Compute the amount of Net Sales to be reported for the month ended July 31. (Round your answer to 2 decimal places.) Net Sales $ 2,951.00
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