Painted Pottery Sold Inventory for $280,000 terms 5/10, n/30. cost of goods sold was $163,000. How...
Painted Pottery Sold Inventory for $280,000 terms 5/10, n/30. cost of goods sold was $163,000. How much sales revenue will painted Pottery report from the sale?
a. 163,000
b. 280,000
c. 117,000
d. 266,000
Homework Answers
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Sales revenue to be reported = Sales - Discount = 280,000 - 5% = 266000 Option D is the answer |
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