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Compute the amount that evans company has to pay to seller

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Question

Evans Company purchased goods with the following terms and details:

Sales price, $8,000

Terms, 4/10, n/30

Date of sale, December 1

Date of payment, December 11

Returns and allowances (before payment), $1,100

Shipping, FOB Shipping Point, $70, prepaid by seller

Required:

Compute the amount that Evans Company has to pay to the seller for the goods.

Reference no: EM132354644

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