Answer:
the amount that debited to the cash account is $10,670
Explanation:
The computation of the amount that debited to the cash account is shown below:
= Account receivable - discount allowed
= $11,000 - $11,000 × 3%
= $11,000 - $330
= $10,670
Hence the amount that debited to the cash account is $10,670
We simply applied the above formula so that the correct value could come
And, the same is to be considered
