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answer both a and b please!! Enigma, Inc, sells merchandise inventory on account at a price of $16,000 with payment terms of 1/10,n/30. The merchandise

answer both a and b please!! image text in transcribed
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Enigma, Inc, sells merchandise inventory on account at a price of $16,000 with payment terms of 1/10,n/30. The merchandise costs Enigma $11,000. If the customer paid for the merchandise 5 days after receiving the invoice, how much cash was collected by Enigma? $10.890. $15,840 @ 511,000 516,000 Wholesalers and retailers record revenue when they: Deliver the goods and collect the cash from their customers. Receive the order to deliver goods to customers. O Fulfill their performance obligations by transferring control of the goods to customers. Receive cash in advance from their customers

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