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FDN Trading sold merchandise on credit to ABC Co in the amount of P55,000. The invoice is dated on November 1 with terms of 1/15,

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FDN Trading sold merchandise on credit to ABC Co in the amount of P55,000. The invoice is dated on November 1 with terms of 1/15, net 45. ABC Co returned defective goods worth P5,000. A partial payment of P20,000 was made by ABC Co. How much is the cash discount if the invoice is paid in order for ABC Co to take advantage of the discount

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