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    Exam 5: Accounting for Merchandising Operations
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    A Credit Sale of $3,600 Is Made on July 15
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A Credit Sale of $3,600 Is Made on July 15

Question 82

Question 82

Multiple Choice

A credit sale of $3,600 is made on July 15, terms 2/10, n/30, on which a return of $200 is granted on July 18.What amount is received as payment in full on July 24?


A) $3,332
B) $3,440
C) $3,528
D) $3,600

Correct Answer:

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