Silver Co.sold merchandise to Copper Co.on account, $75,000, terms 2/10, net 30.The cost of the merchandise sold is $55,000.Silver Co.issued a credit memorandum for $10,000 for merchandise returned that originally cost $9,000.Copper Co.paid the invoice within the discount period.What is amount of net sales from the transactions?
A) $65,000
B) $63,500
C) $64,680
D) $63,700
Correct Answer:
Verified
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