2 Inventory costing $4,800 is sold for $6,900 with terms 3/10, n/30. If the buyer pays...

Question

Question

2 Inventory costing $4,800 is sold for $6,900 with terms 3/10, n/30. If the buyer pays within the discount period, what amoun

Answer 1

Answer #1

Term 3/10 means, if the buyer paid within 10 days, they will get a cash discount of 3%.

Answer is A. $6,693

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Answer 2

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