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Merchandise subject to terms 110 n30 fob shipping pointis

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Reference no: EM13615095

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 amountof the cash discount allowable?

Reference no: EM13615095

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