Bramble Company sells merchandise on account for $4800 to Cullumber Company with credit terms of 1/10, n/30. Cullumber Company returns $1100 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check? $4663 O $4752 O $3700 O $3663 Save for Later Attempts: 0 of 1 used Submit Answer
Bramble Company sells merchandise on account for $4800 to Cullumber Company with credit terms of 1/10, n/30. Cullumber Company returns $1100 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check? $4663 O $4752 O $3700 O $3663 Save for Later Attempts: 0 of 1 used Submit Answer
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 15MC: A customer returns $870 worth of merchandise and receives a full refund. What accounts recognize...
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