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Long Company purchased goods with the following terms and details:Sales price, $13,000 Terms , 4/10, n/30 Date of sale, July 10 Date of payment, July
Long Company purchased goods with the following terms and details:Sales price, $13,000
Terms, 4/10, n/30
Date of sale, July 10
Date of payment, July 21
Returns and allowances (before payment), $700
Shipping, FOB Shipping Point, $280, prepaid by seller
Required:Compute the amount that Long Company has to pay to the seller for the goods.
Amount that is paid to the seller:$
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Law, Business And Society
Authors: Tony McAdams, Kiren Dosanjh Zucker, Kristofer Neslund, Kari Smoker
12th Edition
1259721884, 978-1259721885
