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Question - Lee Company purchased goods with the following terms and details:Sales price, $7,000
Terms, 5/10, n/30
Date of sale, January 8
Date of payment, January 19
Returns and allowances (before payment), $900
Shipping, FOB Shipping Point, $345, prepaid by seller
Compute the amount that Lee Company has to pay to the seller for the goods.
J. J. Peachum is running for election as a commissioner of the municipality of Mt. Lebanon. He examines Table in the text and calculates the total.
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