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On March 17,Jackal Lumber Sold Building Materials to Fredo Limited

Question 15

Multiple Choice

On March 17,Jackal Lumber sold building materials to Fredo Limited for $15,000 with terms of 3/10,net 20.What amount did Jackal record as revenue on March 25 when Fredo paid for the building materials?


A) $15,000.
B) $14,550.
C) $15,450.
D) $0.

Correct Answer:

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