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Anonymous
Anonymous asked in Business & FinanceOther - Business & Finance · 1 month ago

Accounting help?

Merchandise costing $2,900 is sold for $3,900 on terms 1/30, n/60. If the customer pays within the discount period, what amount will be reported on the income statement as net sales and as gross profit?

2 Answers

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  • Anonymous
    1 month ago

    LAZY HOMEWORK CHEATER

  • Anonymous
    1 month ago

    Ok, but where do you need help?  Where are you getting stuck?

    We don't just "do" homework here.  

    Show us what you have so far.   If you're unwilling to put in a little effort, then so am I.

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