#79

79. A retailer purchases merchandise with a catalog list price of $15,000. The retailer receives a 30% trade discount and credit terms of 2/10, n/30. What amount should the retailer debit to the Merchandise Inventory account? a. $4,500 $10,290 c. $10,500 d. $14,700 80. Merchandise with an invoice price of $5,000 is purchased on September 2 subject to terms of 2/10, n/30, ed 9200 What is the cost of the merchandise if