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Landly Co. purchased $15,00U IR Inventory on April I under terms of I/10, het 30. Lahary missed the prompt payment deadline and still holds all
Landly Co. purchased $15,00U IR Inventory on April I under terms of I/10, het 30. Lahary missed the prompt payment deadline and still holds all the inventory. Under the gross method and the net method, at what amount is the inventory carried on Landry's balance sheet? a. b. c. d. Gross Method $ 15,000 $ 15,150 $ 15,000 $ 14,850 ETE Net Method $ 15,000 $ 15,150 14,850 $ 15,000 $ A. Option a B. Option b C. Optionc D. Option d
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