SmokyWolves9813 SmokyWolves9813

03-06-2023
Business

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made a $25,000 sale on account on June 1, 2022 with the following terms: 1/15, n/30. The company uses the gross method to record sales made on credit. Assume the customer paid the full amount owed to ACC 210 within the discount period, how much should be recorded as revenue on June 1, 2022?
A. $25,000
B. $24,500
C. $25,250.
D. $24,750

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