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E$6-3($Algo$)$ Reporting Net Sales with Credit Sales, Sales Discounts, Sales Returns, and Credit Card Sales LO$6-1$

The following transactions were selected from among those completed by Bennett Retallers in November and December:

November $20$

November $25$

November $28$

November $29$

December $6$

December $2$

Sold $20$ items of merchandise to customer B at an invoice price of $$6,300($total$)$; terms $\frac{2}{10},\frac{n}{30}.$

Sold tw$$ items of merchandise to Customer $C,$ who charged the $$80($total$)$ sales price on her visa cmedit

card, Visa charges Bennett Retailers a $2$ percent credit card fee.

Sold $10$ identical items of merchandise to customer $D$ at an invoice price of $$10,060($total$)$; terms $\frac{2}{10},\frac{n}{30}.$

Customer D returned one of the items purchased on the $28th$ the item was defective and credit was given to the customer.

Customer D paid the account balance in full.

Customer $B$ paid in full for the invoice of November $28.$

Requlred:

Assume that Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts are treated as contra$-$revenues; compute net sales for the two months ended December $31.$

Note: Do not round your Intermedlate calculations. Round your answer to the nearest whole dollar amount.

Answer is complete but not entirely correct.

Net sales

s$.15,704$

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