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Andi Company purchased merchandise inventory with an invoice price of $6,000 and credit terms of 1/15, n/30 (invoice dated December 1, 2020). $1,000 of
Andi Company purchased merchandise inventory with an invoice price of $6,000 and credit terms of 1/15, n/30 (invoice dated December 1, 2020). $1,000 of the merchandise inventory was returned on December 7, 2020. What is the net cost of the goods if Andi Company pays within the discount period? a. $4,950 b. $5,000 c. $5,880 d. $6,000 Inc
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