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Sales-Related Transactions Merchandise is sold on account to a customer for $8,000, terms FOB shipping point, 1/10, n/30. The seller paid the freight of $300.
Sales-Related Transactions
Merchandise is sold on account to a customer for $8,000, terms FOB shipping point, 1/10, n/30. The seller paid the freight of $300.
a. Determine the amount of the sale. $
b. Determine the increase to Accounts Receivable.
The answer for A) NOT 8000 AND THE ANSWER FOR B) NOT 8300 PLEASE HELP THIS IS THE 3RD TIME I SUBMIT THIS QUESTIONS .THANKS $
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