Austin Sound sold inventory for $300,000, terms 2/10, n/30. Cost of goods sold was $152,000. How much

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Austin Sound sold inventory for $300,000, terms 2/10, n/30. Cost of goods sold was $152,000. How much sales revenue will Austin Sound report from the sale?

a. $152,000

b. $294,000

c. $148,960

d. $300,000

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Horngrens Financial And Managerial Accounting The Managerial Chapters

ISBN: 9781292412337

7th Global Edition

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura

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