A company purchased 5000 worth of merchandise inventory., Ask an Expert

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A company purchased $5,000 worth of merchandise inventory. The company also paid transportation costs of $400. The company then later return damaged inventory for $380 and paid the invoice within a 2% discount period. What is the total amount paid for this merchandise inventory?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M989469

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