Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mike returned $200 of merchandise to Secret Trails. His original purchase was Mike 400, with terms 1/10, n/30. If Justin pays the balance of his

Mike returned $200 of merchandise to Secret Trails. His original purchase was Mike 400, with terms 1/10, n/30. If Justin pays the balance of his account after the discount period, how much should he pay?

A.

$200.00

B.

$204.00

C.

$400.00

D.

$196.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microsoft Excel For Accounting The First Course

Authors: L Murphy Smith, Katherine Smith

1st Edition

0130085529, 978-0130085528

More Books

Students also viewed these Accounting questions