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Business, 25.06.2019 00:30 mirandac9394

During the months of january and february, hancock corporation sold goods to three customers. the sequence of events was as follows: jan. 6 sold goods for $800 to s. green and billed that amount subject to terms 2/10, n/30. 6 sold goods to m. munoz for $540 and billed that amount subject to terms 2/10, n/30. 14 collected cash due from s. green. feb. 2 collected cash due from m. munoz. 28 sold goods for $500 to r. reynolds and billed that amount subject to terms 2/10, n/45. assuming that sales discounts is treated as a contra-revenue, compute net sales for the two months ended february 28.

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