Ayala Company sells merchandise on account for $9000 to Verde Company with credit terms of 2/10 n/30. Verde Company returns $1500 of merchandise that was damaged along with a check to settle the account within the discount period. What is the amount of the check?

A) $7350
B) $7200
C) $8820
D) $7320

Credit Terms

The conditions under which a seller will extend credit to a buyer, including the repayment time frame and any interest charged.

Merchandise

Goods bought and sold in the normal course of business, typically referring to products available for resale to customers.

Damaged

Refers to goods or items that are impaired, reduced in value, or made less useful due to wear, tear, or harm.