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Sonbull [250]
3 years ago
14

Coronado Company sells merchandise on account for $4600 to Wildhorse Company with credit terms of 2/10, n/30. Wildhorse Company

returns $1000 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check?
Business
1 answer:
telo118 [61]3 years ago
6 0

Answer:

$3,528

Explanation:

The computation of the amount of the check after considering the discount period is shown below:

= Sale value fo merchandise - returned goods - discount paid

= $4,600 - $1,000 - $3,600 × 2%

= $3,600 - $72

= $3,528

By applying the above formula we can get the amount of the check and the same is to be considered

hence, the amount of the check is $3,528

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Answer:

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Margarita [4]

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Kobotan [32]

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katovenus [111]

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