Compute amount of net sales to be reported for month ended

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Question - The following transactions were selected from the records of Evergreen Company:

July 12 Sold merchandise to Wally Butler, who paid the $920 purchase with cash. The goods cost Evergreen Company $560.

July 17 Sold merchandise to Claudio's Chair Company at a selling price of $4,920 on terms 3/10, n/30. The goods cost Evergreen Company $3,460.

July 18 Sold merchandise to Otto's Ottomans at a selling price of $2,960 on terms 3/10, n/30. The goods cost Evergreen Company $1,860.

July 23 Received cash from Claudio's Chair Company for the amount due from July 17.

July 31 Received cash from Otto's Ottomans for the amount due from July 18.

Required - Compute the amount of Net Sales to be reported for the month ended July 31.

Reference no: EM133138054

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