Question
Company A sold merchandise to Company B on credit terms of 2/10, n/30. The invoice amount is $5,000. Company B returns $1,000 worth of merchandise.
ยท Company A sold merchandise to Company B on credit terms of 2/10, n/30. The invoice amount is $5,000. Company B returns $1,000 worth of merchandise. Calculate the net amount Company B needs to pay if they avail the discount.
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
