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Swifty Company on July 15 sells merchandise on account to Blossom Co. for $4900, terms 2/10, n/30. On July 20 Blossom Co. returns merchandise worth
Swifty Company on July 15 sells merchandise on account to Blossom Co. for $4900, terms 2/10, n/30. On July 20 Blossom Co. returns merchandise worth $1900 to Swifty Company. On July 24 payment is received from Blossom Co. for the balance due. What is the amount of cash received?
$4900
$3000
$2902
$2940
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