Solution-What is the amount of cash received

What is the amount of cash received

Reference no: EM132927750

Problem - On May 15 ABC Company sells 1 point merchandise on account to SAN Co. for $2,000, terms 2/10, n/30. On May 20 SAN Co. returns merchandise worth $400 to ABC Company. On May 24 payment is received from SAN Co. for the balance due. What is the amount of cash received?

Reference no: EM132927750

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What is the amount of cash received

Reference no: EM132927750

Reference no: EM132927750

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