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The following transactions are given for TTB Company. 10 Jun: Purchased merchandise on account from Tiger...

The following transactions are given for TTB Company. 10 Jun: Purchased merchandise on account from Tiger Company for TL 1.850. 15 Jun: Sold merchandise on account (TL 400) under the condition 5/10,n/30. Its cost was TL 300. 27 Jun: One customer returned the goods (TL 50). Their cost was TL 30. 28 Jun: Sold merchandise on account (TL 600) under the condition 5/10,n/30. Its cost was TL 450. 30 Jun: Collected cash for the sale from 28 Jun. Net sales after these transactions is:

620 TL

920 TL

1000 TL

950 TL

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Ans : Net Sales = 920 TL

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