Question
Entity A made a credit sale of merchandise to a customer of $3,000 on January 10, terms 2/10, net/30. The customer returned $200 of the
Entity A made a credit sale of merchandise to a customer of $3,000 on January 10, terms 2/10, net/30. The customer returned $200 of the merchandise January 18. The customer paid the amount due and owing on January 20. What amount did Entity A receive from the customer?
a. $3,000
b. $2,800
c. $2,744
d. $56
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Bookkeeping Management Understand And Manage From Financial Statements No Accounting Knowledge Necessary
Authors: Ed Wuensche
1st Edition
0692951997, 978-0692951996
