Author Question: The payroll register replaces the general journal in most businesses. a. True b. False Indicate ... (Read 90 times)

captainjonesify · **on:** Jul 5, 2018

The payroll register replaces the general journal in most businesses.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Zenith Company sold 10,000 of merchandise to Nadir Company, with terms of 2/10, n/30. Five days later, Nadir returned 1,000 of the merchandise. If Nadir does NOT pay within the discount period, how much cash will Zenith receive?

A) 10,000
B) 9,800
C) 9,000
D) 8,820