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What is the amount of cash required for the payment

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Reference no: EM133102915

Question - Purchase-related transaction - Shepherd Company purchased merchandise on account from a supplier for $9,000, terms 2/10, n/30. Shepherd Company returned $1,500 of the merchandise before payment was made and received full credit. If Shepherd Company pays the invoice within the discount period, what is the amount of cash required for the payment?

Reference no: EM133102915

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