Carson Company on July 15 Sells Merchandise on Account to Tayler

question 72

Multiple Choice

Carson Company on July 15 sells merchandise on account to Tayler Co.for $3,000, terms 2/10, n/30.On July 20, Tayler Co.returns merchandise worth $1,200 to Carson Company.On July 24, payment is received from Tayler Co.for the balance due.What is the amount of cash received?

• A)$1,800
• B)$1,764
• C)$1,740
• D)$3,000

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Definitions:

Generic Influence Tactics

Broad strategies used to persuade or influence others to support one’s objectives or follow directions without relying on specific situational factors.

Rational Persuasion

A method of influence based on the use of logic, facts, and rational arguments to convince others.

Detailed Plan

A comprehensive blueprint outlining specific actions, timelines, and resources required to achieve an objective.

Automatically Have Authority

An assumption that authority or power can be gained instantaneously or by default, without a formal process.