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On March 12, Pierson Company sold goods that cost $3500 to Colonade Company for $6,000 on credit. Terms of the sale were 1/10, n/30. Colonade
On March 12, Pierson Company sold goods that cost $3500 to Colonade Company for $6,000 on credit. Terms of the sale were 1/10, n/30. Colonade paid the balance due on March 21. What amount of cash did Pierson receive? A) $3465
B) $6,000
C) $5940
D) $3500
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