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Word Problem 7-33 [LU 7-2 (1)] Bally Manufacturing sent Intel Corporation an invoice for machinery with a $13,500 list price. Bally dated the invoice August
Word Problem 7-33 [LU 7-2 (1)] Bally Manufacturing sent Intel Corporation an invoice for machinery with a $13,500 list price. Bally dated the invoice August 05 with 3/10 EOM terms. Intel receives a 20% trade discount. Intel pays the invoice on August 18. On August 12, Intel Corporation returns $500 of the machinery due to defects. What does Intel pay Bally on August 18? Payable amount
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