Multiple Choice
On June 1, 2006, Meisner Corp.sold merchandise with a list price of $15,000 to Metz on account.Meisner allowed trade discounts of 30 percent and 20 percent.Credit terms were 2/15, n/40 and the sale was made f.o.b.shipping point.Meisner prepaid $300 of delivery costs for Metz as an accommodation.On June 12, 2010, Meisner received from Metz a remittance in full payment amounting to
A) $8,397.
B) $8,532.
C) $8,526.
D) $8,232.
Correct Answer:
Verified
Correct Answer:
Verified
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