=+2. If merchandise is sold on account to a customer for $1,000, terms FOB shipping point, 1/10,

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=+2. If merchandise is sold on account to a customer for $1,000, terms FOB shipping point, 1/10, n/30, and the seller prepays $50 in freight, the amount of the discount for early payment would be:

A. $0. C. $10.00.

B. $5.00. D. $10.50.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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