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Logan Company received from Furniture.com an invoice dated September 29. Terms were 1/10 EOM. List price on

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Logan Company received from Furniture.com an invoice dated September 29. Terms were 1/10 EOM. List price on the invoice was $8,000 (freight not included). Logan receives a 8/7 chain discount. Freight charges are Logan’s responsibility, but Furniture.com agreed to prepay the $300 freight. Logan pays the invoice on November 7. What does Logan Company Pay Furniture.com?

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Calculation of Logan Company pays furniture com Here he will not get Ca...View the full answer


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