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A credit sale of $45,000 that included cash discount terms of 3/15, n/30 would indicate a maximum discount of a. 4,500 b. 1,350 c. 6,750

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A credit sale of $45,000 that included cash discount terms of 3/15, n/30 would indicate a maximum discount of a. 4,500 b. 1,350 c. 6,750 d. 3,200 When reconciling a bank account, the company would a. add outstanding checks to the balance per bank statement. b. deduct deposits in transit from the balance per bank statement. c. add deposits in transit to the balance per bank statement. d. add interest collected by the bank to the balance per bank statement

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