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    Financial Accounting A User Perspective
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    Exam 4: Revenue Recognition
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    If a $12,500 Sale Is Made on September 21 with Terms
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If a $12,500 Sale Is Made on September 21 with Terms

Question 49

Question 49

Multiple Choice

If a $12,500 sale is made on September 21 with terms 2\10 net 30 and collection is made on October 2, the amount collected is:


A) $12,250
B) $10,000
C) $12,750
D) $12,500

Correct Answer:

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