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Vitas Company on May 4th sells coffee bean on account to Taju Co. for HKD 53,300, terms 2/15 EOM. On May 9th Taju Co. returns
Vitas Company on May 4th sells coffee bean on account to Taju Co. for HKD 53,300, terms 2/15 EOM. On May 9th Taju Co. returns coffee bean worth HKD 8,880 to Vitas Company. On June 14th payment is received from Taju Co. for the balance due. What is the amount of cash received? HKD 42,643.2 HKD 43,531.6 HKD 44,420.0 HKD 53,300.0
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Managerial Accounting Working Papers
Authors: John G. Helmkamp
2nd Edition
0471514292, 978-0471514299
