On February 27,20X9,Best Appliances Ever agreed to sell 60 refrigerators to a local home construction company.The sales contract stated that the normal selling price of the refrigerators was $500 each,but a 4% trade discount was given due to the size of the order.The terms of the sales are 2/10,n/30.The refrigerators are to be delivered on March 20,20X9.The invoice was dated March 20,20X9.The customer paid the appropriate amount on March 28.
A.What is the gross revenue that Best Appliances Ever should recognize for the month ending March 31,20X9?
B.What is the net revenue that Best Appliances Ever should recognize for the month ending March 31,20X9?

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The Answer of On February 27,20X9,Best Appliances Ever agreed to sell 60 refrigerators to a local home construction company.The sales contract stated that the normal selling price of the refrigerators was $500 each,but a 4% trade discount was given due to the size of the order.The terms of the sales are 2/10,n/30.The refrigerators are to be delivered on March 20,20X9.The invoice was dated March 20,20X9.The customer paid the appropriate amount on March 28.
A.What is the gross revenue that Best Appliances Ever should recognize for the month ending March 31,20X9?
B.What is the net revenue that Best Appliances Ever should recognize for the month ending March 31,20X9?

On February 27,20X9,Best Appliances Ever Agreed to Sell 60 Refrigerators