Solved

Company P Sells $3000 of Merchandise on Account to Company

Question 198

Multiple Choice

Company P sells $3000 of merchandise on account to Company Q with credit terms of 2/10 n/30. If Company Q remits a check taking advantage of the discount offered what is the amount of Company Q's check?


A) $2100
B) $2400
C) $2700
D) $2940

Correct Answer:

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