A credit sale of ($ 750) is made on June 13, terms (2 / 10, mathrm{n} /

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A credit sale of \(\$ 750\) is made on June 13, terms \(2 / 10, \mathrm{n} / 30\), on which a return of \(\$ 50\) is granted on June 16. What amount is received as payment in full on June 23?

(a) \(\$ 700\)

(c) \(\$ 685\)

(b) \(\$ 686\)

(d) \(\$ 650\)

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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