Question
A sales was made on January 11, 2020 for $2,000, terms 2/10, n30, on which a sales return of $500 was granted. The dollar amount
A sales was made on January 11, 2020 for $2,000, terms 2/10, n30, on which a sales return of $500 was granted. The dollar amount received for payment on January 20, 2020 is:
A. $2,000
B. $1,500
C. $1,470
D. $1,960
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Financial Accounting
Authors: W Steve Albrecht, Earl K Stice
11th Edition
0538746955, 9780538746953
