Merchandise subject to terms 2/10,n/30, FOB shipping point, is sold on account to a customer for $22,300. What is the amount of sales discount allowable? Oa $227 O. $155 Oc. $216 Od $446 Minor Company had checks outstanding totaling $5,218 on its April bank reconciliation. In May, Minor Company issued checks totaling $41,462. The May bank statement shows that $26,656 in checks cleared the bank in May. A check from one of Minor Company's customers of $760 was also returned marked "NSF." The amount of outstanding checks on Minor Company's May bank reconciliation should be Oa. $68,118 O. b. $20,024 Oc. $21,438 Od $19,264 Roe's Renovations utilizes the direct write-off method of accounting for uncollectible receivables. On September 15 the company is notified by the attorneys for Jacob Marley that Jacob Marley is bankrupt and no cash is expected in the liquidation. Write off the $2,350 of accounts receivable due from Jacob Marley. If an amount box does not require an entry, leave it blank. Sept. 15