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Devonshire, Incorporated sold merchandise inventory on account at a price of $23,000 with payment terms of 2/10, n/30. The merchandise cost Devonshire $19,000. If the
Devonshire, Incorporated sold merchandise inventory on account at a price of $23,000 with payment terms of 2/10, n/30. The merchandise cost Devonshire $19,000. If the customer paid for the merchandise 5 days after receiving the invoice, how much cash was collected by Devonshire? Multiple Choice $22,540 O $19,000 O $23,000 $18,620
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