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On June 15, Oakley Inc sells inventory on account to Sunglass Hut (SH) for $6.000, terms 2/10, n/30. On June 20, SH returns to Oakley
On June 15, Oakley Inc sells inventory on account to Sunglass Hut (SH) for $6.000, terms 2/10, n/30. On June 20, SH returns to Oakley inventory that SH had purchased for $1,300. On June 24, SH completely fulfills its obligation to Oakley by making a cash payment What is the amount of cash paid by SH to Oakley? Multiple Choice $4,700 $4,580 $4,606 O $6 000
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Authors: Rosenbloom
8th edition
9781133707578, 324316984, 1133707572, 978-0324316988
