TRUE-FALSE STATEMENTS
65. Flynn Company purchased merchandise inventory with an invoice price of $5,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Flynn Company pays within the discount period? a. $5,000. b. $4,900. c. $4,500. d. $4,600. 66. Stine Company purchased merchandise with an invoice price … ................
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