Question:A company recorded two sales of $20.000 and $30,000 on March 1, 2007 under the credit terms of 3/10, n/30. Payment for the $20,000 sale was received on March 10, 2007. Payment for the $30,000 sale was received on March 25, 2007.What would be the gross sales for the month of March? Gross method Net method
A $50,000 $50,000
B $50,000 $48,500
C $49,400 $48,500
D $48,500 $50,000
+ AnswerC
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