Multiple Choice
On November 1,2019,Alpha Omega,Inc.sold merchandise for $12,000,FOB destination,with payment terms,n/30.The cost of goods sold was $3,840.On November 3,the customer returns on this sale amounted to $4,800.The company received the balance on November 9,2019.Calculate the cost of goods sold from these transactions.
A) $1,536
B) $4,896
C) $3,840
D) $2,304
Correct Answer:
Verified
Correct Answer:
Verified
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