Question
The following transactions were selected from the records of Evergreen Company: July 12 Sold merchandise to Wally Butler, who paid the $880 purchase with cash.
The following transactions were selected from the records of Evergreen Company:
July 12 Sold merchandise to Wally Butler, who paid the $880 purchase with cash. The goods cost Evergreen Company $540.
July 16 Sold merchandise to Claudios Chair Company at a selling price of $4,880 on terms 3/10, n/30. The goods cost Evergreen Company $3,440.
July 19 Sold merchandise to Ottos Ottomans at a selling price of $2,940 on terms 3/10, n/30. The goods cost Evergreen Company $1,840. July 23 Received cash from Claudios Chair Company for the amount due from July 16.
July 31 Received cash from Ottos 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.)
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