Colt company sells merchandise on account for 1800 to james, Ask an Expert

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Colt Company sells merchandise on account for $1,800 to James Company with credit terms of 2/10, n/30. Jones Company returns $300 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M992151

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