Austin Sound sold inventory for $300,000, terms 2/10, n/30. Cost of goods sold was $152,000. How much
Fantastic news! We've Found the answer you've been seeking!
Question:
Austin Sound sold inventory for $300,000, terms 2/10, n/30. Cost of goods sold was $152,000. How much sales revenue will Austin Sound report from the sale?
a). 152,000
b). 294,000
c). 148,960
d). 300,000
Related Book For
Financial Accounting: A Business Process Approach
ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
Posted Date: