Question: Question 18 (5 points) On August 29, Harper sold $2,000 of books on credit with terms 2/15, n/30, and recorded a debit to Accounts Receivable

 Question 18 (5 points) On August 29, Harper sold $2,000 of

Question 18 (5 points) On August 29, Harper sold $2,000 of books on credit with terms 2/15, n/30, and recorded a debit to Accounts Receivable and credit to Sales for $2,000. The customer paid Harper on September 5. Which of the below is true on September 5? i. Harper would receive $1,960 in cash. ii. Harper would recognize revenue of $1,960. iii. Harper would receive $2,000 in cash. iv. Harper would receive $1,700 in cash. iv only i only iii only i and ii only

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