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Watson Company purchased goods with the following terms and details:Sales price, $7,000 Terms , 2/10, n/30 Date of sale, November 2 Date of payment, November
Watson Company purchased goods with the following terms and details:Sales price, $7,000
Terms, 2/10, n/30
Date of sale, November 2
Date of payment, November 13
Returns and allowances (before payment), $1,000
Shipping, FOB Destination, $80, prepaid by seller
Compute the amount that Watson Company has to pay to the seller for the goods.
Amount that is paid to the seller:$
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
24th edition
1259916960, 978-1259916960
