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A company purchased $3,500 of merchandise on July 5 with terms 1/10, n/30. On July 7, it returned $385 worth of merchandise. On July 8,
A company purchased $3,500 of merchandise on July 5 with terms 1/10, n/30. On July 7, it returned $385 worth of merchandise. On July 8, it paid the full amount due. The amount of the cash paid on July 8 equals:
Multiple Choice
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$385.
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$3,080.
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$3,084.
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$3,115.
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$3,500.
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