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Amount due from jackson company on august

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Cooper Company uses the gross method and a perpetual inventory system. Assuming the following entries, compute the amount that Cooper Company received on August 19.

August 9 Sold goods costing $9,000 to Jackson Company on account, $15,000, terms 2/10, n/30. The goods are shipped FOB Shipping Point, Freight Prepaid by Seller, $190.

August 15 Jackson Company returned undamaged merchandise previously purchased on account, $1,100.

August 19 Received the amount due from Jackson Company.

Amount due from Jackson Company on August 19:?

Reference no: EM131814811

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