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Abbey Co. sold merchandise to Gomez Co. on account, $31,400, terms 2/15, n/45. The cost of the goods sold was $13,194. Abbey Co. issued a
Abbey Co. sold merchandise to Gomez Co. on account, $31,400, terms 2/15, n/45. The cost of the goods sold was $13,194. Abbey Co. issued a credit memo for $3,800 for merchandise returned that originally cost $1,044. What is the amount of gross profit earned by Abbey Co. on these transactions? O a. $12,150 Ob. $15,450 O c. $3,800 O d. $18,622 
Abbey Co, sold merchandise to Gomez Co. on account, $31,400, terms 2/15, N/45. The cost of the goods sold was $13,194. Abbey Co. issued a credit memo for $3,800 for merchandise returned that originally cost $1,044. What is the amount of gross profit earned by Abbey Co, on these transoctions? 2. $12.150 b. 515,490 is sun0 a. $18,622
Abbey Co. sold merchandise to Gomez Co. on account, $31,400, terms 2/15, n/45. The cost of the goods sold was $13,194. Abbey Co. issued a credit memo for $3,800 for merchandise returned that originally cost $1,044. What is the amount of gross profit earned by Abbey Co. on these transactions? O a. $12,150 Ob. $15,450 O c. $3,800 O d. $18,622
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