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3 years ago

Reporting Net Sales with Credit Sales, Sales Discounts, and Credit Card Sales

Business

1 answer:

ser-zykov [4K]3 years ago

4 0

Answer:

Net sales $15,670

Explanation:

Computation of thenet sales for the two months ended August 31.

Sales revenue:

Sales Revenue

July 12 Merchandise Sold to Customer R $3,000

July 20 Merchandise Sold to Customer S $4,000

July 15 Merchandise Sold to Customer T $9,000

Total ($3,000+$4,000+$9,000) $16,000

Less:Sales discounts (270)

($9,000 collected from S x 3%)

Credit card fee ($60)

($3,000 from R x 2%)

Net sales $15,670

Therefore the net sales for the two months ended August 31 will be $15,670

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Answer:

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3 years ago

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4 years ago

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Zigmanuir [339]

Answer:

Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

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4 years ago

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Answer:

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3 years ago

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A or d hope this helps

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3 years ago