A store accidentally priced an item at $20 instead of $30 and honored the mispricing. where should the $10 difference

Business

1 answer:

dimulka [17.4K]3 years ago

4 0

Answer:

The difference is attributed to sales.

Explanation:

The difference of $10 will be attributed to sales because $20 is charged instead of $30 which means selling price has been changed. However, it cannot be considered as a loss because the cost price is not given. It might be the actual cost price for the item is $15 and the store is selling at $20 instead of $30. So, in this case, the store is making a profit of $5. Thus, the difference is considered as the sale difference.

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