A credit sale of $750 is made on June 13, terms 2/10, net/30. A return of $50

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A credit sale of $750 is made on June 13, terms 2/10, net/30. A return of $50 is granted on June 16. The amount received as payment in full on June 23 is:

(a) $700.

(b) $686.

(c) $685.

(d) $650.

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Accounting Tools For Business Decision Making

ISBN: 9780470377857

3rd Edition

Authors: Paul D. Kimmel

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Question Posted: Feb 07, 2024 02:13 AM

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A credit sale of $750 is made on June 13, terms 2/10, net/30. A return of $50

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b The full amount of 686 is paid within 10 days of the purchase 750 50 ...View the full answer

Accounting Tools For Business Decision Making

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