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Calculate the amount of the cash discount allowable

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Reference no: EM13258844

Merchandise subject to terms 1/10, n/30, FOB shipping point,is sold on account to a customer for $18,000. The seller issued acredit memorandum for $4,000 prior to payment. What is the amount of the cash discount allowable?

a. $190

b. $180

c. $170

d. $140

Reference no: EM13258844

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