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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. | ||
16 | Sold merchandise to Claudios Chair Company at a selling price of $5,200 on terms 3/10, n/30. The goods cost Evergreen Company $3,600. | |||
19 | Sold merchandise to Ottos Ottomans at a selling price of $3,100 on terms 3/10, n/30. The goods cost Evergreen Company $2,000. | |||
23 | Received cash from Claudios Chair Company for the amount due from Jul-16. | |||
31 | Received cash from Ottos Ottomans for the amount due from July Jul-19. |
Required:
Compute the amount of revenue to be reported for the month ended July 31. (Round your answer to 2 decimal places.)
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