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Find how much should be recorded as revenue

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Problem 1: AG Inc. made a $10,000 sale on account with the following terms: 1/15, n/30. If the company uses the net method to record sales made on credit, how much should be recorded as revenue?

a. $ 9,800
b. $ 9,900
c. $10,000
d. $ 10,100

Reference no: EM132728023

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