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Using the gross method of recording sales, what sales price should be recorded when an item with an $1,100 list price is sold with a

Using the gross method of recording sales, what sales price should be recorded when an item with an $1,100 list price is sold with a 15% trade discount?The sales invoice includes the terms 2/10, n/30?

Question 1 options:

$935

$916.30

$1,100

$1,078

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