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Abbey Co. sold merchandise to Gomez Co. on account, $30,000, terms 2/15, net 45. The cost of the goods sold was $13,204. Abbey Co.
Abbey Co. sold merchandise to Gomez Co. on account, $30,000, terms 2/15, net 45. The cost of the goods sold was $13,204. Abbey Co. issued a credit memo for $3,700 for merchandise returned that originally cost $1,055. Gomez Co, paid the invoice within the discount period. What is the amount of gross pront eathed by Abbey Co. on the above transactions? Oa. $14.409 Ob 13.700 Oc. $12.149 Od. $18035
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