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On April 10, ABC sold $55,000 worth of merchandise that cost them $35,000, terms 2/15,730...

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Accounting

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On April 10, ABC sold $55,000 worth of merchandise that cost them $35,000, terms 2/15,730 On April 14, the customer who bought merchandise on April 10, returned $5,000 worth of inventory as it was not the right vires. The goods cost $3.150. On April 25, the customer paid ABC the balance due taking full advantage of the discount offered. Determine Gross Profit as of April 302

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