Multiple Choice
If a company uses the perpetual inventory method and it purchases inventory on account worth $2,000 with terms 2/10 n/30 what will be the cost of the inventory when the inventory is purchased if it is using the net method?
A) $2,000
B) $1,800
C) $1,960
D) $2,200
Correct Answer:
Verified
Correct Answer:
Verified
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