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Merchandise with a List Price of $1,500

Question 25

Multiple Choice

Merchandise with a list price of $1,500.00 is purchased on account for $900.00 on August 1. Terms of sale are 2/10, n/30. Payment is made on August 17. The amount paid should be


A) $1,500. 00.
B) $900. 00.
C) $600. 00.
D) $882. 00.

Correct Answer:

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