Business, 12.04.2021 22:50 karlavanderwalt9570

The Dimitros Company records the following transactions during September 2018: Cash sales to customers totaling $5,800.
Sales to customers on credit cards totaling $18,800. The average credit card fee is 3.0%.
A $2,000 sale on account to a long-time customer with the terms 2/10, n/30. The sale is made on September 5. The customer pays the invoice on September 14.
A customer returns product they had purchased last month for $500. Dimitros accepts the return and gives the customer a cash refund.
Calculate the following amounts:
Service charge expense for credit card sales
Sales discount for sales on account
Sales returns
Gross sales revenue
Net sales revenue
Net cash collected from sales

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The Dimitros Company records the following transactions during September 2018: Cash sales to custom...

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