Question 20

Evans Company purchased goods with the following terms and details:

Sales price, $7,000

Terms, 5/10, n/30

Date of sale, January 8

Date of payment, January 19

Returns and allowances (before payment), $800

Shipping, FOB Shipping Point, $190, prepaid by seller

Required:

Compute the amount that Evans Company has to pay to the seller for the goods.

Amount that is paid to the seller:$

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