Description Dr Cr Question 1 A company purchased $1,800 of merchandise on November 5. On November 7, it returned $200 worth of merchandise. On November 8, it paid the balance in full, taking a 2% discount. The amount of the cash paid on November 8 equals A $200.00 B $1,564.00 C $1,568.00 D $1,600.00 E $1,800.00