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f the features of Word have been disabled. Reactivate 11). Company M sells $900 of merchandise on account to Company N with credit terms of

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f the features of Word have been disabled. Reactivate 11). Company M sells $900 of merchandise on account to Company N with credit terms of 1/15, n/30. If Company N remits a check taking advantage of the discount offered, what is the amount of Company N's check? a. $774 b. $765 c. $810 d. $891 12). Python Company sells merchandise on account for $5,000 to Monte Company with credit terms of 2/10, n/30. Monte Company returns $1,500 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check? a. $3,430 b. $4,000 c. $4,900 d. $4,430 The collection of a $1,400 account after the 2 percent discount period will result in a a. debit to Cash for $1,372. b. debit to Accounts Receivable for $1,400 c. debit to Cash for $1,400 d. debit to Sales Discounts for $28. 13)

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