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The following transactions of M&B Merchandise Company are given: January 2, 2019 Purchased merchandise for TL...

The following transactions of M&B Merchandise Company are given: January 2, 2019 Purchased merchandise for TL 23.000 under the condition 10/6; n/30. January 4, 2019 Returned merchandise worth TL 6.000. January 6, 2019 Sold merchandise for TL 8.000 under the condition 4/7; n/30. The cost of merchandise sold was TL 5.000. If the collection of cash for the sale is done on January 9, the collected amount is:

5.620 TL

8.000 TL

7.680 TL

3.000 TL

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ekkarill92 answered 2 years ago
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