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Leno Company sells goods to the Fallon Company for $ 11 comma 000$11,000. It offers credit terms of 22/10, n/30. If Fallon Company pays the

Leno Company sells goods to the Fallon Company for

$ 11 comma 000$11,000.

It offers credit terms of

22/10,

n/30. If Fallon Company pays the invoice within the discount period, Leno Company will record a debit to Cash in the amount of:

A.

$ 11 comma 000$11,000.

B.

$ 11 comma 220$11,220.

C.

$ 10 comma 780$10,780.

D.

$ 220$220.

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