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1. Silver Co. sold merchandise to Bronze Co. on account, s23.000, terms 2/15, net 45. The cost of the merchandise sold is $18,500. Silver Co.

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1. Silver Co. sold merchandise to Bronze Co. on account, s23.000, terms 2/15, net 45. The cost of the merchandise sold is $18,500. Silver Co. issued a credit memorandum for $2,500 for merchandise returned that originally cost $1,900. The Bronze Co. paid the net sales from the above transactions? invoice within the discount period. What is amount of 0 $20,090 6% b. $20,500 c. $3,490 d. $23,000 B1

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