Lansing corporation has reported the following information Credit card sales $80,000 Sales on account $50,000...
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Lansing corporation has reported the following information Credit card sales $80,000 Sales on account $50,000 Credit card sales receive a 3% discount. Sales on account are given terms of 2/10, n30. 60% of sales on account were paid within the discount period. Net sales for the period are: A.$127,600 B. 157,600 C. $129,400 D.$127,000.
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