If the buyer pays within the discount period what amount
Question - Merchandise costing $2,500 is sold for $3,500 on terms 1/10, n/30. If the buyer pays within the discount period, what amount will be reported on the income statement as net sales and as gross profit?
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question - merchandise costing 2500 is sold for 3500 on terms 110 n30 if the buyer pays within the discount period what
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