MCQs>Finance & Management>Accounting Knowledge>Home Refurbishing, Inc. provides a 25% trade discount on a list price of $5,000. Which of the following amounts is the correct way to record the sale?
Accounting Knowledge MCQs
Home Refurbishing, Inc. provides a 25% trade discount on a list price of $5,000. Which of the following amounts is the correct way to record the sale?
Answer
Correct Answer: $3,750
Explanation:
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