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A Credit Sale of $4,000 Is Made on April 25

Question 179

Multiple Choice

A credit sale of $4,000 is made on April 25, terms 2/10, n/30, on which a return of $250 is granted on April 28.What amount is received as payment in full on May 4?


A) $3,675
B) $3,750
C) $3,920
D) $4,000

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