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Company a Sells $500 of Merchandise on Account to Company

Question 203

Multiple Choice

Company A sells $500 of merchandise on account to Company B with credit terms of 2/10, n/30. If Company B remits a check taking advantage of the discount offered, what is the amount of Company B's check?


A) $350
B) $490
C) $450
D) $400

Correct Answer:

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