Merchandise subject to terms 2/10, n/30, FOB shipping point, is sold on account to a customer for

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Merchandise subject to terms 2/10, n/30, FOB shipping point, is sold on account to a customer for $21,100. What is the amount of sales discount allowable?

a. $158

b. $206

c. $422

d. $215

Related Book For answer-question

Financial Accounting

ISBN: 978-1133952428

12th Edition

Authors: Warren, Reeve, Duchac

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Posted Date: Jun 14, 2019 09:45 AM

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Merchandise subject to terms 2/10, n/30, FOB shipping point, is sold on account to a customer for

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Financial Accounting

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