What is the amount of cash received for crane company

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Problem 1: Crane Company on July 15 sells merchandise on account to Bridgeport Co. for $3800, terms 4/10, n/30. On July 20 Bridgeport Co. returns merchandise worth $1500 to Crane Company. On July 24 payment is received from Bridgeport Co. for the balance due. What is the amount of cash received?

Reference no: EM132960106

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