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Determine the amount debited to accounts receivable

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Problem - Sales-related transactions - Merchandise is sold on account to a customer for $8,000, terms FOB shipping point, 1/10, n/30. The seller paid the freight of $300. Determine the following:

(a) amount of the sale,

(b) amount debited to Accounts Receivable

(c) amount of the discount for early payment,

(d) amount due within the discount period.

Reference no: EM132710671

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