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A product is sold for RO 1,500 dated July 10th and terms of payment 4/15, n/30 have been received. The bill is paid on July
A product is sold for RO 1,500 dated July 10th and terms of payment 4/15, n/30 have been received. The bill is paid on July 22nd. Which one of the following is the amount paid?
a.
RO 1,500
b.
RO 1,560
c.
RO 60
d.
RO 1,440
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
