Question: A. $620 B. $630 C. $660 D. $600 A company using the perpetual inventory System purchased nventory worth S21 ,OOO on account with terms Of

A company using the perpetual inventory System purchased nventory worth S21 ,OOO

A. $620 B. $630 C. $660 D. $600

A company using the perpetual inventory System purchased nventory worth S21 ,OOO on account with terms Of 3/10, n/30. Defective inventory Of SI 000 was returned two days ater, and the accounts were appropriately adjusted. Ifthe invoice is paid 10 days after the invoice date, the amount Of the purchase discount that would be available to the company is S620 S630 S660 S600

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