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The terms of the sale are 110 net 30 the discount is taken

Question - Cosplay Unlimited sells 780 outfits per year at an average price of $161. The terms of the sale are 1/10, net 30. The discount is taken by 69 percent of customers. What is the company's accounts receivable balance? Assume 365 days per year.

A. $10,321.64

B. $6,662.77

C. $11,353.81

D. 5,573.69

E. $7,751.85

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Accounting Basics: The terms of the sale are 110 net 30 the discount is taken

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Accounting Basics: The terms of the sale are 110 net 30 the discount is taken

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