A $1,000 sale is made on May 1 with terms 2/30, n/60. Items with a $100 selling

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A $1,000 sale is made on May 1 with terms 2/30, n/60. Items with a $100 selling price are returned on May 3. What amount, if received on May 9, will be considered payment in full?

a. $700

b. $800

c. $882

d. $900

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Fundamentals Of Financial Accounting

ISBN: 9781265440169

7th Edition

Authors: Fred Phillips, Shana Clor Proell, Robert Libby, Patricia Libby

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Question Posted: Nov 01, 2021 02:11 AM

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A $1,000 sale is made on May 1 with terms 2/30, n/60. Items with a $100 selling

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Fundamentals Of Financial Accounting

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