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Question 8 Tim's Hardware sells construction supplies to customers. The company contracts with a supplier who provides it with replacement windows for homes. There is
Question 8 Tim's Hardware sells construction supplies to customers. The company contracts with a supplier who provides it with replacement windows for homes. There is an agreement that Tim's Hardware is not required to provide cash payment immediately, and instead will provide payment within thirty days of the invoice date. Additional information: Tim's Hardware purchases 100 windows for $125 each on September 1, invoice date September 1. Tim's Hardware returns 5 windows (receiving a credit amount for the total purchase price per window of $125 each) on September 8. The company purchases an additional 15 windows for $130 each on September 15, invoice date September 15, with no discount terms. The company pays 50% of the total amount due to the supplier on September 24. What amount does Tim's Hardware still owe to the supplier on September 30? @ 5.3 pts 6
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