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undefined AZ Company on August 16 sells merchandise on account to Ali Co. for $1,000, terms 2/10, n/30. On August 20 Ali Co. returns merchandise

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AZ Company on August 16 sells merchandise on account to Ali Co. for $1,000, terms 2/10, n/30. On August 20 Ali Co. returns merchandise worth $400 to AZ Company. On August 25 payment is received from Ali Co. for the balance due. What is the amount of cash received? O a. $1,000 O b. $588 O c. $600 O d. $580

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