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How much net revenue is recognized on december

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Problem 1: On Dec. 31, 20x1, Entity A sells goods with a list price of 300,000 and terms of ''20% trade discount, 5/10, n/30.'' Entity A applies PFRS 15 and estimates that only 80% of the cash discount will be taken. How much net revenue is recognized on Dec. 31, 201x1? Provide your solution.

A. 240,000

B. 230,400

C. 228,000

D. 182,400

Reference no: EM132913105

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