A credit sale of $750 is made on June 13, terms 2/ 10, net/30, on which a

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A credit sale of $750 is made on June 13, terms 2/

10, net/30, on which a return of $50 is granted on June 16.

The amount received as payment in full on June 23 is:

a. $700.

b. $686.

c. $685.

d. $650.

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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