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Calculate the total amount of cash paid by the customer

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THE Company sold goods to a customer on account for $600. The credit terms were 7/20, n/50. The customer paid for one-half of the merchandise within the discount period and paid for the other one-half of the merchandise after the discount period.

Question 1: Calculate the total amount of cash paid by the customer to THE Company.

Reference no: EM132569598

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