Aber Company Sells Merchandise on Account for $3,000 to Borth

question 162

Multiple Choice

Aber Company sells merchandise on account for $3,000 to Borth Company with credit terms of 2/10, n/30.Borth Company returns $500 of merchandise that was damaged, along with a check to settle the account within the discount period.What is the amount of the check?

• A)$2,440
• B)$2,460
• C)$2,450
• D)$2,250

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Definitions:

External Customers

Individuals or entities outside of an organization that receive or consume the products or services offered by the organization.

Dependent Employees

Employees who rely on their employers for work direction and income, typically having less autonomy in their roles compared to independent contractors or freelancers.

Symbolic Leader

Uses symbols to establish and maintain a desired organisational culture.

Organisational Culture

The shared values, beliefs, practices, and norms that define the social and psychological environment of a business or organization.