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How much net sales should the illini company recognize

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Question - The Illini Company offers customers the repayment terms stated as 3/10, n/30. On 1/1/2016, The Illini Company made a sale of $100,000 to Larry on credit. Larry paid 100,000 in full on 1/25/2016. How much net sales should the Illini Company recognize for this transaction?

Reference no: EM131694058

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