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BACK Multiple Choice Question 97 Swifty Corporation records purchases at net amounts. On May 5 Swifty purchased merchandise on account, $71000, terms 2/10, n/30. Swifty

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BACK Multiple Choice Question 97 Swifty Corporation records purchases at net amounts. On May 5 Swifty purchased merchandise on account, $71000, terms 2/10, n/30. Swifty returned $5600 of the Ma purchase and received credit on account. At May 31 the balance had not been paid. By how much should the account payable be adjusted on May 31 $1420. $ 0. $1308. $1532

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