Question
On October 1, 2019, a company provides services on account in the amount of $20,000 with terms 3/15 n/30. Seeketa Inc. receives payment from the
On October 1, 2019, a company provides services on account in the amount of $20,000 with terms 3/15 n/30. Seeketa Inc. receives payment from the customer on October 12. On October 12, the company. will record a.
a 15% purchase discount. b. a contra-asset. c. a contra-revenue. d. revenue
Why is the answer c and not a?
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Forecasting Volatility In The Financial Markets
Authors: Stephen Satchell, John Knight
2nd Edition
0750655151, 9780750655156
