Zach returned $200 of merchandise to Secret Trails.His original purchase was $400,with terms 1/10,n/30.If Justin pays the balance of his account after the discount period,how much should he pay?
A) $204.00
B) $196.00
C) $200.00
D) $400.00
Correct Answer:
Verified
Q23: If management wanted to determine if customers
Q30: Sold merchandise on account would be recorded
Q30: A wholesale customer returned merchandise having already
Q31: Net Sales equals Gross Sales - Sales
Q37: The contra-revenue accounts include:
A) Sales Tax Payable.
B)
Q37: The total of all cash sales and
Q39: Medeco sold goods for $100 to a
Q40: Merchandise sold on credit was returned for
Q81: The arrangements between buyer and seller as
Q109: A sales discount correctly taken by the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents