On November 1,2017,Rodgers Enterprises sold merchandise with a cost of $5,000 for $10,000,FOB destination,with payment terms of 2/10,n/40.The company paid transportation costs of $100.Customer returns on this sale were $3,000 (with a cost of $1,500) .The merchandise was returned on November 6.The company received the payment for the balance amount on November 10,2017.Calculate the net sales revenue.
A) $6,860
B) $7,000
C) $3,500
D) $7,100
Correct Answer:
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