Solution-Amount of the cash paid on july

Amount of the cash paid on july

Reference no: EM131412490

A company purchased $3,200 of merchandise on July 5 with terms 1/10, n/30. On July 7, it returned $350 worth of merchandise. On July 14, it paid the full amount due. The amount of the cash paid on July 14 equals:

a) $350.

b) $2,822.

c) $2,850.

d) $2,818.

e) $3,200.

Reference no: EM131412490

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Amount of the cash paid on july

Reference no: EM131412490

Reference no: EM131412490

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