Transactions were selected from among those completed by


The following transactions were selected from among those completed by Cadence Retailers in 2013:

Nov 20.  Sold 20 items of merchandise to Customer B at an invoice price of $5,600 (total); terms 3/10, n/30.

Nov 25. Sold two items of merchandise to Customer C, who charged the $700 sales price on her Visa credit card. Visa charges Cadence Retailers a 2 percent credit card fee.

Nov 28.  Sold 10 identical items of merchandise to Customer D at an invoice price of $9,900 (total); terms 3/10, n/30.

Nov 29. Customer D returned one of the items purchased on the 28th; the item was defective, and credit was given to the customer.

Dec 6. Customer D paid the account balance in full.

Dec 20. Customer B paid in full for the invoice of November 20, 2013.

What is the net sales?

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Financial Accounting: Transactions were selected from among those completed by
Reference No:- TGS01273862

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