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Need the red x to be corrected in order to complete the question. Purchases Transactions Hoffman Company purchased merchandise on account from a supplier for
Need the red x to be corrected in order to complete the question. Purchases Transactions Hoffman Company purchased merchandise on account from a supplier for $65,000, terms 1/10, n/3o. Hoffman retuned $7,500 a. If Hoffman Company pays the invoice within the discount period, what is the amount of cash required for the payment? of the merchandise and received full credit 57,630 x b. What account is debited by Hoffman Company to record the return? Accounts Payable
Need the red x to be corrected in order to complete the question.
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