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Edwards Company purchased goods with the following terms and details: Sales price, $6,000 Terms, 4/10, n/30 Date of sale, September 2 Date of payment, September

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Edwards Company purchased goods with the following terms and details: Sales price, $6,000 Terms, 4/10, n/30 Date of sale, September 2 Date of payment, September 13 Returns and allowances (before payment), $800 Shipping, FOB Destination, $340, prepaid by seller Required: Compute the amount that Edwards Company has to pay to the seller for the goods. Amount that is paid to the seller

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A Survey Of Financial And Managerial Accounting

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