Multiple Choice
On January 15, Nifty Company sells merchandise on account to Martinez Associates for $3,000 with terms 3/10, n/30. On January 20, Martinez returns merchandise worth $600 to Nifty. On January 24, payment is received from Martinez for the balance due. What is the amount of cash received?
A) $2,400
B) $2,328
C) $2,310
D) $1,680
Correct Answer:
Verified
Correct Answer:
Verified
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