Company A sells merchandise to company B for $5,700 with credit terms of 2/10, n/30. Company B returns $1,000 of merchandise that was damaged along with a check within the discounted period. What is the amount of the check?

Ball Company sells merchandise on account for $1,500 to Edds Company with credit terms of 2/10, n/30. Edds Company returns $300 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check?   Question 9 options:   A)  $1,470   B)  $1,476   C)  $1,176   D)  $1,200

Oriole Company sells merchandise on account for $7800 to Sunland Company with credit terms of 2/13, n/30. Sunland Company returns $1200 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check? $6468 $7668 $7644 $6600

Company Crane sells $ 800 of merchandise on account to Company Blossom with credit terms of 1/15, n/30. If Company Blossom remits a check taking advantage of the discount offered, what is the amount of Company Blossom's check? O S710 O $792 O $530 O $620

Merchandise subject to the credit terms 2/10, n/30, FOB shipping point, is sold to a customer on account for $20,125. The seller issued a credit memorandum for $4,600 prior to payment. What is the amount of the cash discount allowable if the payment is made within 10 days of the invoice date?

Bramble Company sells merchandise on account for $4800 to Cullumber Company with credit terms of 1/10, n/30. Cullumber Company returns $1100 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check? O $4663 O $4752 O $3700 O $3663 Save for Later Attempts: 0 of 1 used Submit Answer

24. Baker Company sells merchandise on account for $5,000 to Helix Company with credit terms of 1/10, n/30. Helix Company returns $600 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Baker Company make upon receipt of the check? a. Cash... Accounts Receivable. b. Cash...... Sales Returns and Allowances. Accounts Receivable. c. Cash...... Sales Returns and Allowances. Sales Discounts. Accounts Receivable. d. Cash...... Sales Discounts.. Sales Returns and Allowances. Accounts Receivable.... 4,400 4,356 644 4,356 600 44 4,950 50 4,400 5,000 5,000 600 4,400

Nieman Company purchased merchandise on account from Springhill Company for $12,100, terms 2/10, n/30. Nieman returned merchandise with an invoice amount of $2,800 and received full credit. a.  If Nieman Company pays the invoice within the discount period, what is the amount of cash required for the payment? If required, round the answer to the nearest dollar. b.  What account is debited by Nieman Company to record the return?

Barans Company purchased merchandise on account from Springhill Company for $12,800, terms 2/10, n/30. Barans returned merchandise with an invoice amount of $3,200 and received full credit. a.  If Barans Company pays the invoice within the discount period, what is the amount of cash required for the payment? If required, round the answer to the nearest dollar.

Valley Company purchases merchandise on account for $6,236 from Corn Company with credit terms of 3/10, n/30, FOB shipping point. Corn Company directly pays the shipper $158 cash for freight. What is the amount of the check that Valley will prepare if they pay Corn Company within the discount period? Round your answer to two decimal places and as always, leave out the $ sign and commas.