Multiple Choice
A company purchased $6,000 of merchandise on credit with terms 4/15,n/30.How much will be debited to Accounts Payable if the company pays $800 cash on this account within 10 days?
A) $833.33
B) $800.00
C) Nothing will debited to Accounts Payable; the account should be credited in this situation.
D) $5,760.00
E) $5,333.33
Correct Answer:
Verified
Correct Answer:
Verified
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