Cleese Company Sells Merchandise on Account for $5,000 to Langston

question 142

Multiple Choice

Cleese Company sells merchandise on account for $5,000 to Langston Company with credit terms of 2/10, n/30.Langston Company returns $1,000 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)$3,920
• B)$4,000
• C)$4,900
• D)$4,920

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Definitions:

Emotional Support

Assistance provided by offering empathy, concern, affection, and encouragement to someone facing challenges or stress.

Blended Family

A family consisting of a couple and their children from this and all previous relationships.

Physical Ailments

Medical conditions or illnesses affecting the body, often causing pain or discomfort.

Grieving

The process of experiencing emotional suffering or distress over a loss or change, typically associated with death.