A business purchased merchandise at the cost of $15,000 on terms of 1/10 n/45 FOB...
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Accounting
A business purchased merchandise at the cost of $15,000 on terms of 1/10 n/45 FOB shipping point. Afterwards, it returned $1,000 of inventory to its supplier. If the business paid within the discount period, how much did it pay to its supplier?
Select one:
a.
$13,860
b.
$15,000
c.
$14,460
d.
$14,800
e.
$13,420
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