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Sawyer, Inc. purchased merchandise on account for $12,000, terms FOB Destination, 2/10, N/30. Which of the following is correct? O The Seller will pay
Sawyer, Inc. purchased merchandise on account for $12,000, terms FOB Destination, 2/10, N/30. Which of the following is correct? O The Seller will pay the freight charges. O The Seller will debit a Sales Discount account for $240 if payment is received on the 30th day. The Seller will credit Merchandise Inventory for $240 if payment is received within the discount period. O The discount offered is 10% if paid within 2 days.
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