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25-12-2019
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AG Inc. made a $10,000 sale on account with the following terms: 1/15, n/30.

If the company uses the net method to record sales made on credit, how much should be recorded as sales revenue?
a. $ 9,800.b. $ 9,900.c. $10,000.d. $10,100.

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25-12-2019

Answer:

(C) $10,000

Explanation:

Debit Accounts Receivable for $10,000

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