What is amount of net sales from the transaction
Problem
Badger Co. sold merchandise to Buff Co. on account, $32,600, terms 2/10, net 30. The Buff Co. paid the invoice within the discount period. What is amount of net sales from this transaction?
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If total debits equal total credits in a trial balance, then it is free of errors. Is the intern correct? How you would respond to the intern.
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Badger Co. sold merchandise to Buff Co. on account, $32,600, terms 2/10, net 30. What is amount of net sales from this transaction?
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