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James Company purchased goods with the following terms and details:Sales price, $13,000 Terms, 4/10, n/30 Date of sale, October 2 Date of payment, October 13
James Company purchased goods with the following terms and details:Sales price, $13,000
Terms, 4/10, n/30
Date of sale, October 2
Date of payment, October 13
Returns and allowances (before payment), $800
Shipping,FOB Destination, $350, prepaid by seller
Required:Compute the amount that James Company has to pay to the seller for the goods.
Amount that is paid to the seller:$----
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Financial Accounting
Authors: W Steve Albrecht, Earl K Stice
11th Edition
0538746955, 9780538746953
