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(a)On March 2, Novy Company sold $832,000 of merchandise to Opps Company, terms 2/10, n/30. The cost of the merchandise sold was $593,000(b)On March 6,
(a)On March 2, Novy Company sold $832,000 of merchandise to Opps Company, terms 2/10, n/30. The cost of the merchandise sold was $593,000(b)On March 6, Opps Company returned $83,200 of the merchandise purchased on March 2. The cost of the returned merchandise was $60,300.(c) On March 12, Novy Company received the balance due from Opps Company. 3 accounts needed for part c
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