a company purchased $8,900 of merchandise on june 15 with terms of 3/10, n/45. On june 20, it returned $445 of that merchandise. On june 24, it paid the balance owed for the merchandise taking any discount it was entitled to. The cash paid on June 24 equals: A: $8,201 B: $8,455 C: $8,900 D: $8,246 E: $8,633

a company purchased $8,900 of merchandise on june 15 with terms of 3/10, n/45. On june 20, it returned $445 of that merchandise. On june 24, it paid the balance owed for the merchandise taking any discount it was entitled to. The cash paid on June 24 equals: A: $8,201 B: $8,455 C: $8,900 D: $8,246 E: $8,633

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Description: Sh7Please help meSolution thankyou a company purchased $8,900 ofmerchandise on june 15 withterms of 3/10, n/45. On june 20, itreturned $445 of thatmerchandise. On june 24, it paidthe balance owed for themerchandise taking any discountit was entitled

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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