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If the gross method is used, inventory with a list price of $ 8000, subject to a trade discount of 5/5/10 and a cash discount
If the gross method is used, inventory with a list price of $ 8000, subject to a trade discount of 5/5/10 and a cash discount of 2/15,n30 should be recorded at a cost of what amount?
a. | 6,498 | |
b. | 6,368.04 | |
c. | 8,000 | |
d. | 7,220 |
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