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17 May, 17:00

A store accidentally priced an item at $20 instead of $30 and honored the mispricing. where should the $10 difference

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Answers (2)
  1. 17 May, 17:12
    0
    The difference is attributed to sales.

    Explanation:

    The difference of $10 will be attributed to sales because $20 is charged instead of $30 which means selling price has been changed. However, it cannot be considered as a loss because the cost price is not given. It might be the actual cost price for the item is $15 and the store is selling at $20 instead of $30. So, in this case, the store is making a profit of $5. Thus, the difference is considered as the sale difference.
  2. 17 May, 20:05
    0
    On a store credit or cash which ever is easier
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