Use the following information to answer the given question: (begin{array}{c|c} text{Date of delivery} & customer…

Use the following information to answer the given question:
(begin{array}{c|c} text{Date of delivery} & customer & text{Gross amount N} & text{Trade discount %} & text{Cash Discount %} & text{Terms of payment} \ hline text{4/1/86} & text{Mr. A.F.P} & 12,000 & 15 & 10 & text{30 days of delivery}
end{array})
The amount of discount in the ledger is
  • A.
    N10,200
  • B.
    N2,820
  • C.
    N1,800
  • D.
    N1,200
  • E.
    N1,020
Correct Answer: Option B
Explanation
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