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    Exam 5: Accounting for Merchandising Operations
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    Company X Sells $900 of Merchandise on Account to Company
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Company X Sells $900 of Merchandise on Account to Company

Question 175

Question 175

Multiple Choice

Company X sells $900 of merchandise on account to Company Y with credit terms of 2/10, n/30. If Company Y remits a check taking advantage of the discount offered, what is the amount of Company Y's check?


A) $630
B) $720
C) $810
D) $882

Correct Answer:

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