Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

hello i just need explain how answer here is A asap plz thank you 4) A company purchased $1,800 of merchandise on July 5 with

hello i just need explain how answer here is A asap plz thank you image text in transcribed
4) A company purchased $1,800 of merchandise on July 5 with terms 2/10,n/30. On July 7 , it returned $200 worth of merchandise. On July 28 , it paid the full amount due. The amount of the cash paid on July 28 equals: A) $200. B) $1,564. C) $1,568. D) $1,600. E) $1,800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Stand Up To The IRS How To Handle Audits Tax Bills And Tax Court

Authors: Frederick W. Daily Robin Leonard

2nd Edition

0873372409, 978-0873372404

More Books

Students also viewed these Accounting questions

Question

7. What decisions would you make as the city manager?

Answered: 1 week ago

Question

8. How would you explain your decisions to the city council?

Answered: 1 week ago