A credit sale of $3100 is made on April 25, terms 1/10, n/30, on which a return

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A credit sale of $3100 is made on April 25, terms 1/10, n/30, on which a return of $300 is granted on April 28. What amount is received as payment in full on May 4?

$2772
$2800
$3069
$3100

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Financial Accounting Tools for business decision making

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6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Posted Date: Apr 19, 2021 05:31 PM

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A credit sale of $3100 is made on April 25, terms 1/10, n/30, on which a return

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Financial Accounting Tools for business decision making

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