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How much did ABC receive from XYZ as full payment

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Question - On June 1, 2020, ABC Corp sold merchandise with a list price of P50,000 to XYZ on account. ABC allowed trade discounts of 30%, 20%, and 10%. Credit terms were 2/15, n/40 and the sale was made FOB destination. XYZ paid P2,000 of delivery costs. On June 12, 2020, how much did ABC receive from XYZ as full payment?

Reference no: EM132574016

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