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Inventory costing $3,000 is sold for $4,000 with terms 2/10, n/30. If the buyer pays within the discount period, what amount will be reported on

Inventory costing $3,000 is sold for $4,000 with terms 2/10, n/30. If the buyer pays within the discount period, what amount will be reported on the income statement as net sales? Multiple Choice O $3,920 $4,000 $3,200 D $1,000 < Prev 19 of 26 Next >

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