Use the Following Information for Questions 96 and 97

question 11

Multiple Choice

Use the following information for questions 96 and 97.
Winsor Co. records purchases at net amounts. On May 5 Winsor purchased merchandise on account, $40,000, terms 2/10, n/30. Winsor returned $3,000 of the May 5 purchase and received credit on account. At May 31 the balance had not been paid.
-The amount to be recorded as a purchase return is

• A) $2,700.
• B) $3,060
• C) $3,000.
• D) $2,940.

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Definitions:

Measurable

Capable of being quantified or expressed as a specific value, making it possible to evaluate or compare.

Task Analysis

The process of identifying the tasks, knowledge, skills, and behaviors that training should emphasize.

Undergo Training

The process of receiving instruction and practice in a particular skill or set of skills, often for the purpose of improving job performance.

Coordination Training

Team training that teaches the team how to share information and make decisions to obtain the best team performance.