A company makes a credit sale of $750 on June 13, terms 2/10, n/30, on which it

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A company makes a credit sale of $750 on June 13, terms 2/10, n/30, on which it grants a return of $50 on June16.

What amount is received as payment in full on June 23?

(a) $700.

(c) $685.

(b) $686.

(d) $650.

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Accounting Tools For Business Decision Making

ISBN: 9780470534786

4th Edition

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

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