Solution-What is the amount of cash that should be received

What is the amount of cash that should be received by seller

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Question: A sales invoice included the following information: merchandise price, $12,000; terms 1/10, n/eom, FOB shipping point with prepaid freight of $900 added to the invoice. Assuming that a credit for merchandise returned of $500 is granted prior to payment and that the invoice is paid within the discount period, what is the amount of cash that should be received by the seller?

Reference no: EM132747808

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What is the amount of cash that should be received by seller

Reference no: EM132747808

Reference no: EM132747808

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