On November 1,2015,Paramount Inc.sold merchandise with a cost of $5,000 for $10,000,FOB destination,with payment terms of 3/10,n/40.The company paid transportation costs of $100.Of these,merchandise sold for $3,000 (with a cost of $1,500)was returned on November 6.The company received the payment for the balance amount on November 10,2015.Calculate the Net sales revenue.

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The net sales revenue is calculated as follows: Initial sales of $10,000 minus returns of $3,000 equals $7,000. The payment was made within the discount period, so a 3% discount on the remaining $7,000 is $210. Therefore, the net sales revenue is $7,000 - $210 = $6,790.