Solved: Coleman company purchased goods with the following terms, Accounting Basics

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Coleman company purchased goods with the following terms

Question - Coleman Company purchased goods with the following terms and details:Sales price, $13,000

Terms, 4/10, n/30

Date of sale, July 2

Date of payment, July 13

Returns and allowances (before payment), $1,400

Shipping, FOB Destination, $225, prepaid by seller

Compute the amount that Coleman Company has to pay to the seller for the goods.

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Accounting Basics: Coleman company purchased goods with the following terms

Reference No:- TGS02569194

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Accounting Basics: Coleman company purchased goods with the following terms

Reference No:- TGS02569194

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