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THE Company sold goods to a customer on account for $500. The credit terms were 9/20, n/50. The customer paid for one-half of the merchandise
THE Company sold goods to a customer on account for $500. The credit terms were 9/20, n/50. The customer paid for one-half of the merchandise within the discount period and paid for the other one-half of the merchandise after the discount period. Calculate the total amount of cash paid by the customer to THE Company.
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