On January 2, Well Corporation sold merchandise with a gross price of $140,000 to Priority Corporation with terms of 2/10, n/30. How much sales discounts would be recorded if payment was received on January 8?

A) $ 2,800
B) $ 0
C) $ 137,200
D) $ 140.000

A

Business

You might also like to view...

The law that provides for documents to be emailed to create a contract is the

A. Uniform Vendor and Purchase Risk Act. B. Uniform Electronic Transaction Act. C. Uniform Settlement Act. D. Uniform Commercial Code.

Business

Calculate the market share index of a business if its share development index is 85 and it has a share potential index of 12.2%

A) 87.8% B) 74.6% C) 14.4% D) 12.2% E) 10.4%

Business