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The company later returned 275 worth of merchandise and


Question - A company purchased $4,000 worth of merchandise. Transportation costs were an additional $350. The company later returned $275 worth of merchandise and paid the invoice within the 2% cash discount period. The total amount paid for this merchandise is?

A. 3,752

B. 3,925

C. 3,995

D.4,000.50

E. 4,075.00

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Accounting Basics: The company later returned 275 worth of merchandise and
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