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Birk Company Sells Merchandise on Account for $2,000 to Kiner

Question 131

Multiple Choice

Birk Company sells merchandise on account for $2,000 to Kiner Company with credit terms of 2/10, n/30. Kiner Company returns $400 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check?


A) $1,960
B) $1,968
C) $1,600
D) $1,568

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