Question
On April 15, Theo Co. pays in full for $28295 worth of inventory purchased on account on April 10, terms 4/10, n/30. What is
On April 15, Theo Co. pays in full for $28295 worth of inventory purchased on account on April 10, terms 4/10, n/30. What is the total balance in the Inventory account on April 15 after the payment is recorded? $ (Note: Round answer to the nearest whole number; do not use commas, periods, etc.)
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
6th edition
0-07-786223-6, 101259095592, 13: 978-0-07-7, 13978125909559, 978-0077862237
