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Demonstrate the amount paid is

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Question 1: Rivera Company purchased merchandise from Dimatulac Suppliers for P3,600 list price, subject to a trade discount of 25%. The goods were purchased on terms of 2/10, n/30, FOB destination. Rivera paid P100 transportation costs. Rivera returned P300 of the merchandise to Dimatulac and later paid the amount due within the discount period. The amount paid is

Reference no: EM132604468

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