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Purchase-Related Transactions Oppenheimer Company purchased merchandise on account from a supplier for $15,400, terms 1/10, n/30. Oppenheimer Company returned $2,000 of the merchandise and received

Purchase-Related Transactions
Oppenheimer Company purchased merchandise on account from a supplier for $15,400, terms 1/10, n/30. Oppenheimer Company returned $2,000 of the merchandise and received full credit.
a. What is the amount of cash required for the payment within the discount period?
b. Under a perpetual inventory system, what account is credited by Oppenheimer Company to record the return?
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Purchase Related Transactions Oppenheimer Company purchased merchandise on account from a supplier for $15,400, terms 1/10, 1/30, Oppenheimer Company returned $2,000 of the merchandise and received Pull credit What is the amount of cash required for the payment within the discount period? b. Under a perpetua inventory system, what account is credited by Oppenheimer Company to record the return

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