Calculate the amount of the check, Accounting Basics

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Calculate the amount of the check

Kern Company sells merchandise on account for $6,000 to Block Company with credit terms of 2/10, n/30. Block Company returns $1,200 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check?

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Accounting Basics: Calculate the amount of the check

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Accounting Basics: Calculate the amount of the check

Reference No:- TGS0705330

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Describe the flexible-budget variances

Q : Under the terms of the research

Q : How does the fifo method differ from the average

Q : What is the cost of the equipment

Q : Calculate the amount of the check

Q : What would you do as controller for the firm

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Q : How many years has the deposit been invested

Q : How much revenue will drysdale recognize

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Calculate the amount of the check

Reference No:- TGS0705330

Recent Questions Asked Accounting Basics

Q : Describe the flexible-budget variances

Q : Under the terms of the research

Q : How does the fifo method differ from the average

Q : What is the cost of the equipment

Q : Calculate the amount of the check

Q : What would you do as controller for the firm

Q : Office supplies acount start

Q : How many years has the deposit been invested

Q : How much revenue will drysdale recognize

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