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What amount the retailer debit to the merchandise account

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Question - A retailer purchases merchandise with a catalog list price of $15,000. The retailer receives a 30% trade discount and credit terms of 2/10, n/30. What amount should the retailer debit to the Merchandise Inventory account?

a. $10,500

b. $14,700

c. $4,500

d. $10,290

Reference no: EM132572717

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