Solution-How much should be recorded as revenue

How much should be recorded as revenue

Reference no: EM132838185

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

Reference no: EM132838185

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How much should be recorded as revenue

Reference no: EM132838185

Reference no: EM132838185

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