On January 1, a company made a sale of $87,500, on credit.If the credit terms were 2/10, n/30, what would be the amount of the sales discount be if the payment is received on January 9?
A) $26,250
B) $8,750
C) $10,000
D) $1750
Correct Answer:
Verified
Q87: A sales invoice included the following information:
Q88: Merchandise subject to the credit terms 2/10,
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Q90: A sales invoice included the following information:
Q91: If merchandise sold on account is returned
Q93: Merchandise subject to terms 2/10, n/30, FOB
Q94: Which of the following is the formula
Q95: Net sales is calculated by _.
A) subtracting
Q96: In recording the cost of merchandise sold
Q97: Zilova Inc.issues a credit memo of $850
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