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Jimcom sell books on account 11 each cost of these book is

Jim.com sell books on account $11 each (cost of these book is $16500) on October 10, 2011. One hundred of these book (cost $660) were damange in shipment, so Jim.com later received the damange good as sale return on October 13, Customer paid the balance on October 22. credit terms offered to the customer 2/15, net

1. Calculate net sale revenue for October?

2. Calculate gross profit for October?

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Accounting Basics: Jimcom sell books on account 11 each cost of these book is

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Accounting Basics: Jimcom sell books on account 11 each cost of these book is

Reference No:- TGS01210828

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