Show Attempt History Current Attempt in Progress Your answer is incorrect. G1 Supply Company sells merchandise on account for $3500 to Bramble Company with credit terms of 2/10, n/30. Bramble Company returns $600 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check? $2842 $2830 $2870 $2600
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The credit terms are 2/10, n/30, which means that Bramble Company can take a 2% discount if they pay within 10 days. So, the discount amount is 2% of $3500, which is 0.02 * $3500 = $70. Show more…
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