Multiple Choice
In 2017,Amana sold 10 washing machines,which cost $700 each,for a price of $1 300 each.All sales are made on credit and $7 000 was collected in 2017.Using the sales method,how much gross profit will Amana recognise in 2017?
A) $6 000
B) $7 000
C) $13 000
D) $6 800
Correct Answer:
Verified
Correct Answer:
Verified
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