Question
Jordan Corporation sold goods to Howard Company for $5,000, terms 2/10, n/30, on September 10. On September 13, Howard returned goods costing $400. On September
Jordan Corporation sold goods to Howard Company for $5,000, terms 2/10, n/30, on September 10. On September 13, Howard returned goods costing $400. On September 18, Jordan received payment from Howard. On September 18, Jordan should debit Cash for
$4,900.
$4,500.
$4,508.
$4,600.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
