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Using the gross method of recording sales, what sales price should be recorded when an item with an $1,000 list price is sold with a
Using the gross method of recording sales, what sales price should be recorded when an item with an $1,000 list price is sold with a 10% trade discount? The sales invoice includes the terms 1/20, n/30?
$891 | ||
$900 | ||
$990 | ||
$1,000 |
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