A wholesale business offers a trade discount of 35 percent on a list price of $7,200. At

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A wholesale business offers a trade discount of 35 percent on a list price of $7,200. At what amount should the wholesale business record the sale?
a. $4,680
b. $7,200
c. $2,520
d. $9,720

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College Accounting A Contemporary Approach

ISBN: 9781260780352

5th Edition

Authors: David Haddock, John Price, Michael Farina

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Question Posted: Jul 06, 2022 12:47 AM

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A wholesale business offers a trade discount of 35 percent on a list price of $7,200. At

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College Accounting A Contemporary Approach

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