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Logan Company received from Furniture.com an invoice dated September 29. Terms were 1/10 EOM. List price on the invoice was $8,000 (freight not included). Logan
Logan Company received from Furniture.com an invoice dated September 29. Terms were 1/10 EOM. List price on the invoice was $8,000 (freight not included). Logan receives an 8/7 chain discount. Freight charges are Logan's responsibility, but Furniture.com agreed to prepay the $300 freight. Logan pays the invoice on November 7. What does Logan Company pay Furniture.c
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