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Bell Company purchased goods from Powell with the following terms and details. Sales price, $14,000 Terms, (3/10, n/30) Date of sale, July 8 Date of

Bell Company purchased goods from Powell with the following terms and details. Sales price, $14,000 Terms, (3/10, n/30) Date of sale, July 8 Date of payment, July 16 Shipping, FOB Shipping Point, $230, prepaid by seller Determine if Bell, the buyer, qualifies for a cash discount, and who pays for shipping, Bell or Powell

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