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Question - Anderson Company purchased goods with the following terms and details:Sales price, $13,000

Terms, 2/10, n/30

Date of sale, December 6

Date of payment, December 16

Returns and allowances (before payment), $700

Shipping, FOB Destination, $130, prepaid by seller

Required: Compute the amount that Anderson Company has to pay to the seller for the goods.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92573545
  • Price:- $25

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