Question
A company makes a credit sale of $1,100 on June 1st. The terms are 2/10,n/30. There is a return of $100.00 made by the customer
A company makes a credit sale of $1,100 on June 1st. The terms are 2/10,n/30. There is a return of $100.00 made by the customer on June 4th. What amount is received in full as payment on June 9th? Make ONLY the journal entry to record the receipt of this payment. The company uses the perpetual system
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Cost Estimating
Authors: Rodney D. Stewart
2nd Edition
0471857076, 978-0471857075
