Perpetual Inventory - Purchase Discounts Video Lessons

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Problem: ABC Company purchased $112,000 of goods from its supplier on the credit terms 2/10, net 15. If ABC Company pays this invoice in 15 days, how much will it pay? a. $112,000 b. $109,760 c. $100,800 d. $95,200

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Problem Details

ABC Company purchased $112,000 of goods from its supplier on the credit terms 2/10, net 15. If ABC Company pays this invoice in 15 days, how much will it pay?

a. $112,000

b. $109,760

c. $100,800

d. $95,200

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