If a company purchases $3,200 worth of inventory with terms of 3/10, n/30 on March 3 and pays March 12, then the amount paid to the seller would be
a. $96
b. $3,104
c. $3,200
d. None of these choices
b
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On July 10, Boogie Footware agrees to a contract to sell 800 pair of flapper shoes for $16,000 to Twenties, Inc On September 1, after 500 pair of have been delivered, Boogie and Twenties modify the agreement to reduce the price of the remaining 300 pair of flapper shoes to $10 a pair. During September, Boogie delivers 200 pairs of shoes. How much revenue will Boogie recognize for the month of
September? A) $3,000 B) $2,000 C) $1,625 D) $1,375
The general ledger is the basic storage unit for accounting data and is used to accumulate amounts from similar transactions
Indicate whether the statement is true or false
A company's marketing decisions may be questioned by consumer organizations, environmental groups, minority groups, and others. These organizations and groups are also known as ________
A) media publics B) marketing intermediaries C) customers D) citizen-action publics E) internal publics
Placing a border around a paragraph sets the text apart while adding shading inside a box gives it greater impact
Indicate whether the statement is true or false