Using the gross method of recording sales, what sales price should be recorded when an item with
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Question:
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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