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Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. The Pound Co. paid the invoice within the discount period. What

Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. The Pound Co. paid the invoice within the discount period. What is the sales amount to be recorded in the above transactions?

a. $25,500

b. $26,010

c. $24,990

d. $16,000

The answer is C, but i dont know how to do it. Can someone please explain to me how this is done. Much appreciated. (step by step)

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