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Find how much did paul received from james as full payment

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Problem 1: On January 1, 2021, Paul Corp sold merchandise with a list price of P100,000 to James on account. Paul allowed trade discounts of 20%, 10%, and 5%. Credit terms were 2/15, n/40 and the sale was made FOB shipping point. James paid P2,000 of delivery costs. On January 10, 2021, how much did Paul received from James as full payment?

Reference no: EM132794733

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