How much should be recorded as revenue

Reference no: EM132703331

Problem 1: 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 revenue?

a.$ 9,800
b.$ 9,900
c.$10,000
d.$ 10,100

Reference no: EM132703331

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