A company purchased $10,900 of merchandise on June 15 with terms of 2/10, n/45, and...
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Accounting
A company purchased $10,900 of merchandise on June 15 with terms of 2/10, n/45, and FOB shipping point The freight charge was $950. On June 20, It returned $1,520 of that merchandise. On June 24, It paid the balahce owed for the merchandise taking any discount It Is entitled to. The cash paid on June 24 equals: $11,470. $10,142. $9,224. $11,850. $11,370
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