{"id":40748,"date":"2022-03-12T04:55:54","date_gmt":"2022-03-12T04:55:54","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/the-following-transactions-were-selected-from-the-records-of\/"},"modified":"2022-03-12T04:55:54","modified_gmt":"2022-03-12T04:55:54","slug":"the-following-transactions-were-selected-from-the-records-of","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/the-following-transactions-were-selected-from-the-records-of\/","title":{"rendered":"The following transactions were selected from the records of"},"content":{"rendered":"<div>\n<p>The following transactions were selected from the records of Evergreen Company:&#13;<br \/>\n &#13;<br \/>\nJuly 12  \t&#13;<br \/>\nSold merchandise to Wally Butler, who paid the $1,000 purchase with cash. The goods cost Evergreen Company $600.&#13;<br \/>\n15  \t&#13;<br \/>\nSold merchandise to Claudio&#8217;s Chair Company at a selling price of $5,000 on terms 3\/10, n\/30. The goods cost Evergreen Company $3,500.&#13;<br \/>\n20  \t&#13;<br \/>\nSold merchandise to Otto&#8217;s Ottomans at a selling price of $3,000 on terms 3\/10, n\/30. The goods cost Evergreen Company $1,900.&#13;<br \/>\n 23  \tCollected payment from Claudio&#8217;s Chair Company from the July 15 sale.&#13;<br \/>\nAug. 25  \tCollected payment from Otto&#8217;s Ottomans from the July 20 sale.&#13;<br \/>\n&#13;<br \/>\nRequired:&#13;<br \/>\nAssuming that Sales Discounts are reported as contra-revenue, compute Net Sales for the two months ended August 31. (Omit the &#8220;$&#8221; sign in your response.)<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The following transactions were selected from the records of Evergreen Company:&#13; &#13; July 12 &#13; Sold merchandise to Wally Butler, who paid the $1,000 purchase with cash. The goods cost Evergreen Company $600.&#13; 15 &#13; Sold merchandise to Claudio&#8217;s Chair Company at a selling price of $5,000 on terms 3\/10, n\/30. The goods cost Evergreen [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-40748","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/40748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=40748"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/40748\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=40748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=40748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=40748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}