Business
Business, 14.04.2020 22:37, marcgtz511p3pln7

A company purchased $10,100 of merchandise on June 15 with termsof 2/10, n/45, and FOB shipping point. The freight charge was $550and was prepaid by the seller. On June 20, it returned $880 of thatmerchandise. On June 24, it paid the balance owed for themerchandise taking any discount it is entitled to. The cash paid onJune 24 equals:
a) $10,650.
b) $10,430.
c) $9,586.
d) $10,330.
e) $9,224.

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Answers: 3

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A company purchased $10,100 of merchandise on June 15 with termsof 2/10, n/45, and FOB shipping poin...

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