On April 15, Campeche Company sold merchandise to Walters Company for $3,000 on terms of 2/10, n/30.

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On April 15, Campeche Company sold merchandise to Walters Company for $3,000 on terms of 2/10, n/30. Assume a return of merchandise on April 20 of $600, and payment in full on April 25. What is the payment by Walters to Campeche on April 25?

Purchases of Merchandise: Perpetual Inventory System

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Financial Accounting

ISBN: 9780547070025

9th Edition

Authors: Jr. Belverd E. Needles, Marian Powers

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