Homework Answers
Sales discount allowed to Happy furniture company = Sales x discount %
= 9,000 x 3%
= $270
Net sales revenue from Happy furniture company = Sale - Sales discount
= 9,000-270
= $8,730
| Sales revenue from Herman Johns | 1,750 |
| Sales revenue from Happy furniture company | 8,730 |
| Sales revenue from Fox Inc. | 2,500 |
| Total Revenue | $12,980 |
The amount of revenue to be reported for the month ended September 30 is $12,980.
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