A Concord Corporation uses the gross method to record sales made on credit. On June 10, 2020, it sold goods worth $238000 with terms 1/10, n/30 to Pharoah Company On June 19, 2020, Concord received payment for 1/2 of the amount due from Pharoah Company Concord's fiscal year end is on June 30, 2020. What amount will be reported in the financial statements for the accounts receivable due from Pharoah Company? $233240. O $238000. O $119000. O $116620. eTextbook and Media & Save for Later

Concord Corporation uses the gross method to record sales made on credit. On June 10,2020 , it sold goods worth $238000 with terms 1/10,n/30 to Pharoah Company On June 19,2020, Concord received payment for 1/2 of the amount due from Pharoah Company Concord's fiscal year end is on June 30,2020 . What amount will be reported in the financial statements for the accounts receivable due from Pharoah Company? $233240.$238000.$119000.$116620. eTextbook and Media