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Turchases Transactions Nieman Company purchased merchandise on account from Springhill Company for $13,800, terms 2/10, n/30. Nieman returned merchandise with an invoice amount of $3,500

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Turchases Transactions Nieman Company purchased merchandise on account from Springhill Company for $13,800, terms 2/10, n/30. Nieman returned merchandise with an invoice amount of $3,500 and received fuil credit. a. If Nieman Company pays the irwolce within the discount peried, what is the amount of cash required for the payment? If required, round the answer to the nearest dollae x b. What account is debited by Nieman Company to record the return? the morchandes

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