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Cash Discount Calculations On April 1, Fitzgerald Company sold merchandise with a list price of $60,000. For each of the sales terms below, determine the
Cash Discount Calculations On April 1, Fitzgerald Company sold merchandise with a list price of $60,000. For each of the sales terms below, determine the proper amount of cash received: Credit Terms Date Paid April 14 April 28 April 8 11/15, n/30 n/30 3 2/10, n/30 4 1/10, n/30 April 15 1 $ 2 5 3 $ Check
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