Kern Company Sells Merchandise on Account for $8,000 to Block

question 31

Multiple Choice

Kern Company sells merchandise on account for $8,000 to Block Company with credit terms of 2/10, n/30. Block Company returns $1,600 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) $6,272
• B) $6,400
• C) $7,840
• D) $7,872

---

Definitions:

Social Interactions

The process by which individuals act and react in relation to others, involving communication, influence, and exchange.

Self-disclosure

The process of voluntarily sharing personal information with others that they would not otherwise know.

Social Media

Social media comprises websites and applications that enable users to create and share content or to engage in social networking.

Social Interaction

The process by which individuals act and react in relation to others.