Multiple Choice
On November 1,2017,Rodgers Enterprises sold merchandise with a cost of $7,000 for $25,000,FOB destination,with payment terms of 2/10,n/40.The company paid transportation costs of $100.Customer returns on this sale were $5,000 (with a cost of $2,500) .The merchandise was returned on November 6.The company received the payment for the balance amount on November 10,2017.Calculate the net sales revenue.
A) $19,600
B) $20,000
C) $4,500
D) $20,100
Correct Answer:
Verified
Correct Answer:
Verified
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