Question
On January 1, a company made a sale of $87,500, on credit. If the credit terms were 2/10, n/30, what would be the amount of
On January 1, a company made a sale of $87,500, on credit. If the credit terms were 2/10, n/30, what would be the amount of the sales discount be if the payment is received on January 9?
a.$8,750
b.$1750
c.$10,000
d.$26,250
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Modern Auditing
Authors: Walter Gerry Kell, William C. Boynton, Richard E. Ziegler
5th Edition
0471542830, 9780471542834
