Solved

Fehr Company Sells Merchandise on Account for $7,500 to Kelly

Question 210

Multiple Choice

Fehr Company sells merchandise on account for $7,500 to Kelly Company with credit terms of 2/10, n/30.Kelly Company returns $1,500 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) $7,350
B) $7,380
C) $6,000
D) $5,880

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions