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What is the amount of the refund ode to the customer

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After the amount due on the scale of $40,000 terms to 2/10, n/eom, what is received from a customer within the discount period seller concessions to the terms of the entire shipment. the cost of merchandise returned was 24,000.

What is the amount of the refund ode to the customer? illustrate the effects on the accounts in financial statement of the return and refund?

Reference no: EM131711907

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