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Kern Company Sells Merchandise on Account for $8,000 to Block

Question 30

Multiple Choice

Kern Company sells merchandise on account for $8,000 to Block Company with credit terms of 2/10, n/30.Block Company returns $1,600 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) $6,272
B) $6,400
C) $7,840
D) $7,872

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