Question

We always sell pens at $8. We sold a pen for $7 because it was damaged. Record the sale at

A) It depends
B) $7
C) $8

Answer 1

The sale of the damaged pen should be recorded at $7.

Step-by-step explanation:

The sale of the damaged pen should be recorded at $7 as it was sold at a discounted price due to the damage. This can be seen as a deviation from the regular selling price of $8 for undamaged pens. Therefore, the correct answer is B) $7.