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Bowers Company purchased merchandise on account from Saunders Corp. for $8,500, terms 2/10,n/30. Bowers returned merchandise with an invoice amount of $1,800 and received full credit. a. If Bowers Company pays the invoice within the discount period, what is the amount of cash required for the payment? If required, round the answer to the nearest dollar. \$ X b. What account is debited by Bowers Company to record the return? Check My Work a. When the perpetual inventory system is used, two entries are recorded each time a sale is made. In the first entry, accounts receivable and the sale are recorded. A second entry records the cost of the merchandise sold and the reduction of inventory on hand. Received payment. If an amount box does not require an entry, leave it blank