Inventory listed at $80,000 is sold subject to a quantity discount of $6,000 and under payment terms

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Inventory listed at $80,000 is sold subject to a quantity discount of $6,000 and under payment terms of 1/15, n/45. What is the net sales revenue on this sale if the customer pays within 15 days?

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Horngrens Accounting

ISBN: 978-0133855371

10th Canadian edition Volume 1

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood

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Question Posted: Mar 31, 2017 03:10 PM

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Inventory listed at $80,000 is sold subject to a quantity discount of $6,000 and under payment terms

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Horngrens Accounting

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