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Business, 29.10.2019 23:31 pandasarecute53

The following transactions were selected from among those completed by bear’s retail store: nov. 20 sold two items of merchandise to cheryl jahn, who paid the $530 (total) sales price in cash. the goods cost bear’s $400. 25 sold 20 items of merchandise to vasko athletics at a selling price of $4,900 (total); terms 3/10, n/30. the goods cost bear’s $2,950. 28 sold 10 identical items of merchandise to nancy’s gym at a selling price of $6,900 (total); terms 3/10, n/30. the goods cost bear’s $4,450. 29 nancy’s gym returned one of the items purchased on the 28th. the item was in perfect condition and credit was given to the customer. dec. 6 nancy’s gym paid the account balance in full. 30 vasko athletics paid in full for the invoice of november 25.

required: compute the net sales revenue to be reported over the two months. (do not round intermediate calculations. round your answer to 2 decimal places.)

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