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James company purchased goods with the following terms and

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

Terms, 4/10, n/30

Date of sale, October 2

Date of payment, October 13

Returns and allowances (before payment), $800

Shipping, FOB Destination, $350, prepaid by seller

Required: Compute the amount that James Company has to pay to the seller for the goods.

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Accounting Basics: James company purchased goods with the following terms and

Reference No:- TGS02441705

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Accounting Basics: James company purchased goods with the following terms and

Reference No:- TGS02441705

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