Business, 26.03.2020 17:24 jordandabrat

A company purchased $10,100 of merchandise on June 15 with terms of 2/10, n/45, and FOB shipping point. The freight charge was $550 and was prepaid by the seller. On June 20, it returned $880 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it is entitled to. The cash paid on June 24 equals:

a. $10,650.
b. $10,430.
c. $9,586.
d. $10,330.
e. $9,224.

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

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